secwatch.observer — SEC 8-K summary
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Issuer:     COMMERCIAL METALS Co (CMC)
CIK:        0000022444
Form:       8-K
Filed at:   2023-03-23T23:59:59+00:00
Accession:  0000022444-23-000054
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CMC Q2 FY2023 net earnings $179.8M ($1.51/dil); adjusted EPS $1.44
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- Net sales of $2.0B flat YoY; core EBITDA $302.8M.
- Adjusted earnings $171.3M ($1.44/dil) vs $187.6M ($1.53/dil) a year ago.
- Downstream backlog volume and value near all-time highs; project bid volumes up double-digit YoY.
- Arizona 2 micro mill startup on target for spring 2023; commissioning costs $5.4M after-tax.
- Net benefit of $14.0M from settlement of incentive at Steel Oklahoma micro mill.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/22444/000002244423000054/0000022444-23-000054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/22444/000002244423000054/cmc-20230323.htm
  HTML page:      https://secwatch.observer/filing/0000022444-23-000054

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer