Cmc reports third quarter fiscal 2024 results

Third quarter net earnings of $119.4 million, or $1.02 per diluted share consolidated core ebitda of $256.1 million; core ebitda margin of 12.3% solid seasonal demand and underlying market fundamentals in north america supported healthy shipment volumes and product margins stable north american downstream backlog volumes due to robust pipeline of new construction projects emerging businesses group adjusted ebitda and adjusted ebitda margin rebounded sharply, reflecting continued strong demand for our high margin construction solutions europe steel group achieved near breakeven results, continuing the trend of improving performance despite a challenging market backdrop irving, texas , june 20, 2024 /prnewswire/ -- commercial metals company (nyse: cmc) today announced financial results for its fiscal third quarter ended may 31, 2024. net earnings were $119.4 million, or $1.02 per diluted share, on net sales of $2.1 billion, compared to prior year period net earnings of $234.0 million, or $1.98 per diluted share, on net sales of $2.3 billion.
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