On January 8, 2024, Commercial Metals will comment on the business results for the quarter ended November 30, 2023.
The average EPS estimate from 5 analysts is $1.47 per share. In the same quarter last year, there were still $2.24 per share on the books.
Compared to the same period last year, Commercial Metals is said to have recorded a drop in sales of 11.73 percent in the quarter that ended in November. On average, 6 analysts see sales at USD 1.97 billion compared to USD 2.23 billion in the same quarter of the previous year.
Looking at the current fiscal year, 6 analysts on average expect earnings per share of USD 5.24, compared to USD 7.40 reported in the same period last year. In terms of sales, 7 analysts on average assume that a total of USD 8.19 billion will be on the books in the current fiscal year, compared to USD 8.80 billion in the previous year.
Editorial team finanzen.net
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