06:59 AM EDT, 10/17/2024 (MT Newswires) -- Commercial Metals Company ( CMC ) reported fiscal Q4 diluted earnings Thursday of $0.90 per share, down from $1.56 a year earlier.

Four analysts polled by Capital IQ expected $0.88.

Revenue for the quarter ended Aug. 31 was $2 billion compared with $2.21 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.99 billion.

The company expects financial results for Q1 2025 to decline from Q4 due to ongoing macroeconomic uncertainty and temporarily dampened sentiment in specific areas of the construction industry.

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