Commercial Metals Company (NYSE:CMC) will release earnings results for the first quarter, before the opening bell on Thursday, Jan. 8, 2025.
Analysts expect the company to report quarterly earnings at $1.54 per share, up from 78 cents per share in the year-ago period. The consensus estimate for Commercial Metals’ quarterly revenue is $2.05 billion, up from $1.91 billion a year earlier, according to data from Benzinga Pro.
On Dec. 10, Jefferies analyst Christopher LeFemina upgraded Commercial Metals from Hold to Buy and raised the price target from $70 to $78.
With the recent buzz around Commercial Metals, some investors may be eyeing potential gains from the company’s dividends too. As of now, Commercial Metals has an annual dividend yield of 0.97%, which is a quarterly dividend amount …