Commercial Metals Company Announces Advance In Q2 Earnings

(RTTNews) - Commercial Metals Company (CMC) released a profit for its second quarter that gained ground compared to the same period last year.

The company said its bottom line came in at $31.02 million, or $0.26 per share. This was up from $22.99 million, or $0.20 per share, in last year's second quarter.

The company said revenue for the quarter rose 22.1% to $1.05 billion. This was up from $0.86 billion last year.

Commercial Metals Company earnings at a glance:

-Earnings (Q2): $31.02 Mln. vs. $22.99 Mln. last year. -Earnings Growth (Y-o-Y): 34.9% -EPS (Q2): $0.26 vs. $0.20 last year. -EPS Growth (Y-o-Y): 30.0% -Revenue (Q2): $1.05 Bln vs. $0.86 Bln last year. -Revenue Change (Y-o-Y): 22.1%