Commercial Metals Company (CMC) Analyst/Investor Day Transcript
Commercial Metals NYSE: CMC used its 2026 Investor Day to outline a strategy centered on expanding its early-stage construction offerings, improving operating performance and generating higher cash flow and returns by fiscal 2029.
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Panmure Liberum has upgraded CMC Markets PLC (LSE:CMCX, FRA:T8Q) to 'buy' from 'hold', arguing that a jump in the trading group's guidance marks a structural shift in its earnings. The broker nearly doubled its price target on the stock, raising it to 700p from 380p.
CMC Markets PLC (LSE:CMCX, FRA:T8Q) shares jumped more than 20% on Wednesday, changing hands at 562.5p, after the firm upgraded full-year 2027 income guidance after continued growth in its B2B business lifted expectations for margins and profit. The online trading group said it now expects net operating income for FY2027 to be at least £550 million, materially ahead of its previous guidance range of £460 million to £480 million.
Commercial Metals topped Q3 estimates as core EBITDA jumped nearly 79%, margins expanded and all three business segments posted year-over-year gains.
Commercial Metals says temporary Q3 headwinds are reversing, with backlog, pricing and precast integration setting up a stronger fiscal fourth quarter.
Commercial Metals Company (CMC) Q3 2026 Earnings Call Transcript
While the top- and bottom-line numbers for Commercial Metals (CMC) give a sense of how the business performed in the quarter ended May 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Commercial Metals (CMC) came out with quarterly earnings of $1.73 per share, beating the Zacks Consensus Estimate of $1.6 per share. This compares to earnings of $0.74 per share a year ago.