CMC Q3 net earnings rise to $173.0 million, or $1.55 per share, from $83.1 million
CMC reported fiscal third-quarter 2026 results for the period ended May 31, 2026, with net sales of $2.48 billion, up 22.9% from a year earlier. Net earnings were $173.0 million, or $1.55 per diluted share, compared with $83.1 million, or $0.73 per share, a year earlier, and core EBITDA rose 78.6% to $353.6 million. The company also declared a $0.20 quarterly dividend and said it expects core EBITDA to increase sequentially in the fourth quarter.
Key points
- Net sales were $2.48 billion, up 22.9% year over year from $2.02 billion.
- Net earnings were $173.0 million, or $1.55 per diluted share, versus $0.73 per diluted share a year earlier; adjusted earnings were $1.73 per diluted share.
- Core EBITDA rose 78.6% to $353.6 million, with a 14.2% margin; the company cited the recent precast acquisitions and stronger metal margins.
- A quarterly dividend of $0.20 per share is payable July 15, 2026, and CMC will host an Investor Day on August 5, 2026.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:57 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 25, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.