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Commercial Metals Company Reports Third Quarter Fiscal 2020 Results

Mar 19, 2021 - Nasdaq
Financial Results

- GAAP earnings per diluted share from continuing operations of $0.53 were unchanged sequentially, while adjusted earnings per diluted share from continuing operations of $0.59 increased 11% - Gross margin increased 3% sequentially to $225.3 million - Americas Mills metal margin rose $17 per ton sequentially; segment achieved best conversion cost in two years. Americas Fabrication generated highest quarterly adjusted EBITDA in nearly 12 years - Generated cash from operations of $278 million, bri...