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 |
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.