earnings
confidence high
sentiment negative
materiality 0.80
CMC Q4 net earnings $103.9M ($0.90 EPS), down 44% YoY; FY24 EPS $4.14 vs $7.25
COMMERCIAL METALS Co
2024-FY EPS reported
$4.14
revenue$7,925,972,000
- Net sales $2.0B in Q4, down from $2.2B YoY; full year $7.9B vs $8.8B.
- Consolidated core EBITDA $227.1M in Q4; core EBITDA margin 11.4%.
- Tensar posted its most profitable quarter as a CMC division; Emerging Businesses Group adj. EBITDA margin 21.7%.
- Europe Steel Group improved Q4 adj. EBITDA by $26.5M YoY despite lower volumes and flat metal margins.
- Operating cash flow $351.8M Q4, $899.7M FY; shareholder distributions $261.8M FY, up 48% YoY.