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Commercial Metals Co (CMC.N)

CMC.N on New York Stock Exchange

17.90USD
23 Sep 2019
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Latest Key Developments (Source: Significant Developments)

Commercial Metals Company Announces Retirement Of Lindsey And Promotion Of Lawrence To CFO
Tuesday, 2 Jul 2019 

July 2 (Reuters) - Commercial Metals Co ::COMMERCIAL METALS COMPANY ANNOUNCES RETIREMENT OF LINDSEY AND PROMOTION OF LAWRENCE TO CHIEF FINANCIAL OFFICER.COMMERCIAL METALS CO - EFFECTIVE SEPTEMBER 1, 2019, PAUL J. LAWRENCE WILL ASSUME ROLE OF VICE PRESIDENT AND CHIEF FINANCIAL OFFICER FOR COMPANY.COMMERCIAL METALS CO - LINDSEY WILL REMAIN EMPLOYED WITH COMPANY FOR A PERIOD OF TIME TO ENSURE A SMOOTH TRANSITION OF CFO ROLE TO LAWRENCE.COMMERCIAL METALS CO - MARY A. LINDSEY HAS ANNOUNCED HER RETIREMENT AS CFO EFFECTIVE AS OF AUGUST 31, 2019.  Full Article

Commercial Metals Posts Q3 Earnings Per Share Of $0.66 From Continuing Operations
Thursday, 20 Jun 2019 

June 20 (Reuters) - Commercial Metals Co ::MPANY REPORTS THIRD QUARTER FISCAL 2019 RESULTS.Q3 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.67 FROM CONTINUING OPERATIONS EXCLUDING ITEMS.Q3 EARNINGS PER SHARE $0.66 FROM CONTINUING OPERATIONS.Q3 REVENUE $1.6 BILLION VERSUS REFINITIV IBES ESTIMATE OF $1.6 BILLION.Q3 EARNINGS PER SHARE ESTIMATE $0.61 -- REFINITIV IBES DATA.COMMERCIAL METALS - OUTLOOK FOR DEMAND REMAINS VERY POSITIVE DRIVEN BY CONTINUED STRENGTH IN NON-RESIDENTIAL CONSTRUCTION ACTIVITY LEVELS IN MARKETS.ANTICIPATE THAT OUR BUSINESS WILL GENERATE STRONG CASH FLOWS.  Full Article

Commercial Metals Q2 Earnings Per Share $0.13 From Continuing Operations
Thursday, 21 Mar 2019 

March 21 (Reuters) - Commercial Metals Co ::COMPANY REPORTS SECOND QUARTER FISCAL 2019 RESULTS.Q2 ADJUSTED EARNINGS PER SHARE $0.29 FROM CONTINUING OPERATIONS.Q2 EARNINGS PER SHARE $0.13 FROM CONTINUING OPERATIONS.Q2 REVENUE $1.4 BILLION VERSUS REFINITIV IBES ESTIMATE OF $1.48 BILLION.Q2 EARNINGS PER SHARE ESTIMATE $0.26 -- REFINITIV IBES DATA."OPTIMISTIC THAT UPCOMING CONSTRUCTION SEASON WILL BE STRONG BOTH IN U.S. AND POLAND".QUARTER WAS IMPACTED BY TYPICAL SEASONALITY AND UNPRECEDENTED RAINFALL LEVELS IN MANY OF OUR MARKETS.COMMERCIAL METALS - Q2 RESULTS INCLUDED NET AFTER TAX EXPENSES OF $20 MILLION RELATED TO CERTAIN NON-OPERATIONAL COSTS.COMMERCIAL METALS - NON-OPERATIONAL COSTS RECORDED IN Q2 WERE RELATED TO ACQUISITION OF REBAR ASSETS FROM GERDAU S.A., ADJUSTMENTS RELATED TO TCJA.  Full Article

Commercial Metals Announces Results Of Registered Exchange Offer For Previously Issued 5.750% Senior Notes Due 2026
Wednesday, 16 Jan 2019 

Jan 16 (Reuters) - Commercial Metals Co ::COMMERCIAL METALS COMPANY ANNOUNCES EXPIRATION AND RESULTS OF REGISTERED EXCHANGE OFFER FOR PREVIOUSLY ISSUED 5.750% SENIOR NOTES DUE 2026.COMMERCIAL METALS CO - FINAL SETTLEMENT OF EXCHANGE OFFER IS EXPECTED TO TAKE PLACE ON OR ABOUT JANUARY 16, 2019.  Full Article

Commercial Metals Co Commences Registered Exchange Offer For Senior Notes
Friday, 14 Dec 2018 

Dec 13 (Reuters) - Commercial Metals Co ::COMMERCIAL METALS COMPANY COMMENCES REGISTERED EXCHANGE OFFER FOR PREVIOUSLY ISSUED 5.750% SENIOR NOTES DUE 2026.COMMERCIAL METALS - COMMENCED OFFER TO EXCHANGE UP TO $350.0 MILLION IN PRINCIPAL AMOUNT OF NEW 5.750% SENIOR NOTES DUE 2026.COMMERCIAL METALS - EXCHANGE OFFER WILL EXPIRE AT 5:00 P.M., NEW YORK, NEW YORK TIME, ON JAN 14, 2019, UNLESS EXTENDED.  Full Article

Commercial Metals Q3 Earnings Per Share $0.36 From Continuing Operations
Thursday, 21 Jun 2018 

June 21 (Reuters) - Commercial Metals Co ::MPANY REPORTS THIRD QUARTER 2018 EARNINGS FROM CONTINUING OPERATIONS OF $0.36 PER SHARE; AND ADJUSTED EARNINGS FROM CONTINUING OPERATIONS OF $0.41 PER SHARE.Q3 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.41 FROM CONTINUING OPERATIONS.Q3 EARNINGS PER SHARE $0.36 FROM CONTINUING OPERATIONS.Q3 SALES $1.2 BILLION VERSUS I/B/E/S VIEW $1.29 BILLION.Q3 EARNINGS PER SHARE VIEW $0.42 -- THOMSON REUTERS I/B/E/S.  Full Article

Commercial Metals Co Announces Pricing Of $350 Mln Of Senior Notes Due 2026
Friday, 20 Apr 2018 

April 19 (Reuters) - Commercial Metals Co ::COMMERCIAL METALS COMPANY ANNOUNCES PRICING OF $350 MILLION OF SENIOR NOTES DUE 2026.COMMERCIAL METALS CO - AGREED TO SELL $350 MILLION AGGREGATE PRINCIPAL AMOUNT OF 5.750% SENIOR NOTES DUE 2026.  Full Article

Commercial Metals Amends Credit Agreement To Provide Coterminous Delayed Draw Term Loan Facility Up To $200 Mln
Saturday, 24 Feb 2018 

Feb 23 (Reuters) - Commercial Metals Co ::COMMERCIAL METALS SAYS ON FEB 21, CO, UNIT ENTERED INTO JOINDER AGREEMENT & FIFTH AMENDMENT TO FOURTH AMENDED, RESTATED CREDIT AGREEMENT - SEC FILING.COMMERCIAL METALS - AMENDMENT AMENDS CREDIT AGREEMENT TO PROVIDE FOR COTERMINOUS DELAYED DRAW TERM LOAN FACILITY IN MAXIMUM AMOUNT OF UP TO $200 MILLION.  Full Article

Commercial Metals Company Reports Q1 EPS of $0.31
Wednesday, 3 Jan 2018 

Jan 3 (Reuters) - Commercial Metals Co ::MPANY REPORTS FIRST QUARTER FISCAL 2018 EARNINGS PER SHARE OF $0.31.Q1 EARNINGS PER SHARE $0.31.Q1 SALES $1.2 BILLION VERSUS I/B/E/S VIEW $1.12 BILLION.Q1 EARNINGS PER SHARE VIEW $0.20 -- THOMSON REUTERS I/B/E/S.- QTRLY EARNINGS FROM CONTINUING OPERATIONS INCLUDED A NET AFTER TAX BENEFIT OF $1.8 MILLION, OR $0.02 PER DILUTED SHARE.- "‍SEE STRENGTH IN UNDERLYING MARKET FUNDAMENTALS" SUPPORTING EACH OF CO'S SEGMENTS AS CO ENTERS CALENDAR 2018​.  Full Article

Commercial Metals & Units To Pay GNA Financing Fee Of $40 Mln Upon Termination Of Deal
Tuesday, 2 Jan 2018 

Jan 2 (Reuters) - Commercial Metals Co ::COMMERCIAL METALS SAYS CO & UNITS TO PAY GNA FINANCING FEE OF $40 MILLION UPON TERMINATION OF DEAL UNDER SPECIFIED CIRCUMSTANCES - SEC FILING.  Full Article