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BRIEF-Commercial Metals Company reports Q1 earnings per share $0.05
January 9, 2017 / 11:49 AM / a year ago

BRIEF-Commercial Metals Company reports Q1 earnings per share $0.05

Jan 9 (Reuters) - Commercial Metals Co -

* Commercial Metals Company reports first quarter earnings from continuing operations per share of $0.06

* Q1 earnings per share $0.06 from continuing operations

* Q1 sales $1.1 billion versus I/B/E/S view $1.11 billion

* Q1 earnings per share view $0.16 -- Thomson Reuters I/B/E/S

* Q1 earnings per share $0.05

* Several indicators point to potential improvements in market conditions during our fiscal 2017

* Commercial Metals - Change in political leadership after U.S. Elections may result in more favorable business conditions in “medium and long terms”

* Ferrous scrap pricing improved during November and December

* Commercial Metals - potential changes in regulatory environment related to trade, taxes, infrastructure spending “may bode well for domestic steel industry” Source text for Eikon: Further company coverage:

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