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Commercial Metals is getting a lot of orders from data centers and chip factories.

ResultsRead the original at Benzinga
Good for CMC

CMC's sales, profit, and margins rose, and demand lifted its backlog. Europe Steel profit fell partly because last year's results included a carbon credit; weak homebuilding and a seasonal construction dip are concerns, but broader gains support growth.

CMC · Commercial Metals Company

AI read · Good for CMC

The AI's read

Stronger North American steel results and rising orders give CMC more support for growth. The company also expects higher cash flow in fiscal 2027 and about $100 million in added yearly profit from its improvement program. There are real setbacks: Europe Steel profit fell, weak homebuilding hurt precast sales, and construction profit is expected to dip seasonally. The Europe comparison partly reflects a $30.7 million carbon credit recorded last year. Broad gains in sales, profit, and orders outweigh these pressures.

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