Commercial Metals Misses Fiscal Q1 Street View Earnings and Revenues

Commercial Metals Monday reported fiscal Q1 earnings and revenus below Street View, citing margin compression and other unrelated costs,

The seller of steel, copper and other metals said earnings from continuing operations in the quarter ended Nov. 30 was $0.06 per share, below the $0.16 Street View as compiled by Capital IQ, and also below the $0.22 reported a year earlier.

Commercial Metals reported Q1 revenues of $1.08 billion, below the Street View of $1.10 billion, and also below the $1.15 billion reported a year earlier.

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