Post by Grafa United States
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CMC - Commercial Metals Company (CMC) has posted fiscal 2026 third‑quarter net earnings of US$173 million, or US$1.55 per diluted share, on net sales of US$2.48 billion. 🏗️ Adjusted earnings were US$193 million, or US$1.73 per share, with net sales topping market expectations of about US$2.40 billion and adjusted EPS slightly ahead of consensus estimates. CMC reported core EBITDA of US$353.6 million and a core EBITDA margin of 14.2%, alongside net leverage of 2.1x, US$18.9 million of share repurchases and a US$0.20 quarterly dividend that continued its long record of regular shareholder payouts. Following the announcement, CMC’s share price was up at US$71.28 as investors digested higher earnings, stronger cash‑return activity and ongoing execution across its steel and construction‑related operations compared with its Q2 2026 adjusted earnings of US$130.1 million on US$2.1 billion in sales. Read the full story on Grafa – link in the comments.🔗 #CMC #Earnings #Steel #Dividends #USStocks #Grafa