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COMMERCIAL METALS Co [CMC]  posts $261.77M profit as revenue falls 11.46% to $2,227.31M

COMMERCIAL METALS Co [CMC] posts $261.77M profit as revenue falls 11.46% to $2,227.31M

By USInMinutes
Published - Jan 10, 2023, 03:12 AM ET
Last Updated - Feb 07, 2023, 05:47 AM EST
 Net Sales: $2,227.31M  
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COMMERCIAL METALS Co [CMC] posted a profit of $261.77M, marking a fall of 16.21% for this quarter.

Revenue fell to $2,227.31M this quarter compared to $2,515.73M in the previous quarter.

According to the latest quarterly report the company has filed with the SEC, current earnings were $261.77M, down 16.21% from $312.43M.

The company’s net sales for the period were $2,227.31M, down 11.46%. Net sales in the previous quarter were $2,515.73M.

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