CMC Earnings

CMC reported its earnings on 2026-01-08, showcasing a revenue of 2.00B against an estimate of 2.00B, resulting in a 6.02% surprise. The EPS was 1.84, surpassing the expected 1.55 by 18.71% . The stock experienced a -3.56% price change on the earnings day and a 1.42% change over the next five days, reflecting market reactions to the results.

Following CMC's earnings announcement on 2026-01-08, the stock price moved by -3.56% on the day of the release. Over the subsequent five days, it saw a 1.42% change. Historically, CMC's stock price tends to shift by an average of -0.11% in the 10 days leading up to earnings and +0.00% in the 10 days following, providing insight into potential market.

For 2026/Q2, analysts estimate CMC’s annual revenue to reach 2.00B, while the EPS is projected at 1.00. These estimates reflect recent revisions, with revenue estimates revised Revenue Revise Upward by 0.34% and EPS estimates Revise Downward by -0.77% over the past three months, indicating analyst expectation in the company’s performance.

The correlation between CMC's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock’s fundamentals. Over the past three months, revenue estimates for FY2026 were Revise Upward by 0.34%, while EPS estimates moved Revise Downward by -0.77% . This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, CMC's stock price typically moves by -0.11% in the 10 days before its earnings and +0.00% in the 10 days after. For the upcoming 2026/Q2 earnings, analysts expect an EPS of 1.00 and revenue of 2.00B.

The earnings call indicates strong financial performance with positive surprises from recent acquisitions and no unexpected negatives. The market can absorb new supply, and initiatives like TAG and scrap sorting are expected to improve margins. Despite typical seasonal declines, the outlook remains optimistic with substantial demand and strategic investments. While guidance on D&A was unclear, overall sentiment is positive with expected EBITDA growth and improved margins, suggesting a potential stock price increase of 2% to 8% over the next two weeks.