10:20 AM EDT, 03/20/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

Commercial Metals Company ( CMC ) reported Q2 FY 25 (Aug.) adjusted EPS of $0.26, down from $0.88 Y/Y and $0.04 below consensus, while sales declined 5% Y/Y but met expectations. The North American Steel Group experienced margin compression despite a 7.5% increase in total steel shipments, as average selling prices declined 10%. The European Steel Group achieved EBITDA breakeven, showing improvement from last year's loss, while the Emerging Businesses Group was a bright spot with adjusted EBITDA margin expanding 330 bps to 14.8%. Management expects a rebound in FQ3 results, driven by normal seasonal trends in finished steel shipments and improved margins in North America. We believe CMC remains well-positioned for long-term growth, supported by structural trends including infrastructure investment, manufacturing reshoring, energy transition, and addressing housing shortages in the U.S. construction market.