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CMC Q3 sales reach $2.48 billion
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CMC Q3 sales reach $2.48 billion

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  • CMC reported fiscal 2026 third-quarter net earnings of $173 million, or $1.55 per diluted share.
  • Net sales reached $2.48 billion, while core EBITDA rose to $353.6 million.
  • CMC repurchased $18.9 million of stock and declared a $0.20 quarterly dividend.

CMC (NYSE:CMC) reported fiscal 2026 third-quarter net earnings of $173 million, or $1.55 per diluted share, on net sales of $2.48 billion.

The result came in above market revenue expectations of about $2.40 billion, while adjusted EPS of $1.73 was slightly above estimates of $1.70–$1.72.

Adjusted earnings were $193 million, or $1.73 per diluted share, while core EBITDA rose to $353.6 million.

CMC reported a core EBITDA margin of 14.2%, net leverage of 2.1x, $18.9 million of share repurchases, and a $0.20 quarterly dividend.

Following the announcement, CMC's share price was up at $71.28.

CMC’s quarter reflected higher earnings and cash-return activity as the company continued to manage its steel and construction-related operations.

CMC’s latest results followed fiscal second-quarter 2026 adjusted earnings of $130.1 million, or $1.16 per diluted share, on net sales of $2.1 billion.

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