CMC Commercial Metals Co.

$CMC Q4 '26 Earnings Results & Recap • Reported GAAP EPS of $2.09 up 52.55% YoY • Reported revenue of $2.66B up 25.72% YoY • For the first quarter of fiscal 2027, CMC expects North America Steel adjusted EBITDA nearly flat versus Q4, Construction Solutions adjusted EBITDA down sequentially, and meaningful sequential adjusted EBITDA growth in Europe Steel.

$CMC CMC CMC is "In Play" CMC boosts share repurchase authorization by $600 mln, bringing total remaining capacity to about $717 mln

$CMC fiscal Q4 adjusted EPS came in at 2.09 dollars, up 52.6% year over year, on sales of 2.66 billion dollars, up 25.7%. Core EBITDA rose 35.1% to 393.7 million dollars, margin 14.8%. North America metal margin expanded 84 dollars a ton to 652 dollars, and merchant bar shipments jumped 27.5%, helped by data center demand. Downstream backlog volumes were up 15.5% year over year too.

$CMC (Commercial Metals, one of the largest US rebar makers, now also in concrete precast) said fiscal Q4 (ended Aug 31) precast adjusted EBITDA of $57.0M fell below management's prior expectations on regional residential softness. Precast buys: $2.52B, ~35% of $7.22B cap (16:00 ET 10/14/26), mostly via $1.985B new debt; $143.5M EBITDA since closing; net debt $2.60B. Other side: Q4 adjusted EPS rose to $2.09 from $1.37 and precast bookings rose 12.6% sequentially. Next: call 11am ET today; Q1 FY27 guide has Construction Solutions EBITDA down seasonally.