First estimates: Commercial Metals presents balance sheet figures for the most recent quarter

Commercial Metals is expected to have its books inspected on January 8, 2024: At the quarterly financial conference, Commercial Metals will disclose its balance sheet for the quarter ended on November 30, 2023.

The average estimate from 5 analysts is $1.45 per share. In the same quarter last year, Commercial Metals reported EPS of $2.24 per share.

In terms of sales, 6 analysts expect a decrease of 11.86 percent compared to the same quarter of the previous year. Expectations here are an average of USD 1.96 billion compared to USD 2.23 billion in the same period last year.

The average estimate of 6 analysts for the current fiscal year is for earnings per share of $5.19. In the same period last year, the company had earned earnings per share of $7.40. In terms of sales, 7 analysts expect an average of 8.18 billion USD, after 8.80 billion USD were generated in the previous year.

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