CMC, US2017231034

Commercial Metals stock gains 5.33 percent as CMC schedules October 15 earnings call

Published on 10/05/2026 at 20:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal third-quarter revenue reached USD 2.48 billion, up 22.90 percent year over year. Commercial Metals stock costs EUR 59.25 on October 5, 2026 versus EUR 56.25.

CMC, US2017231034, Illustration mit AI erstellt.

Commercial Metals stock (ISIN US2017231034) was trading at EUR 59.25 at Lang & Schwarz on October 5, 2026 at 8:16 p.m. CEST, up 5.33 percent versus the prior close of EUR 56.25. CMC has scheduled its fourth-quarter and full-year fiscal 2026 earnings call for October 15, 2026, according to StockTitan on September 21, 2026.

October 15 sets the next test

The upcoming call will cover the fourth quarter and full fiscal year, giving investors a defined date for the next operating update. The event is scheduled for 11:00 a.m. Eastern Time, or 10:00 a.m. Central Time, and will feature CEO Peter Matt and CFO Paul Lawrence, according to StockTitan.

The timing matters because CMC's latest reported quarter showed stronger sales and earnings than analysts had expected. The next release will show whether that improvement continued into the final quarter of fiscal 2026.

Revenue growth meets a buyback

For the third quarter of fiscal 2026, Commercial Metals reported adjusted earnings per share of USD 1.73 against a USD 1.70 consensus estimate, while revenue reached USD 2.48 billion versus USD 2.40 billion expected, according to MarketBeat. Revenue increased 22.90 percent from the same quarter a year earlier, while prior-year earnings per share stood at USD 0.74.

Capital returns add another measurable part of the story. The board authorized a USD 600.00 million share-repurchase program on August 5, 2026, covering up to 7.50 percent of outstanding shares, as reported by MarketBeat. That authorization gives the October earnings update two key benchmarks: operating performance and cash deployment.

JPMorgan trims target to USD 83

JPMorgan retained an Overweight rating but cut its price target from USD 86.00 to USD 83.00 in a research note dated September 9, 2026, according to MarketBeat. The move reduced the target by 3.49 percent from its prior level, while the rating remained constructive.

That combination leaves the October 15 report as the next hard reference point for the stock. Revenue growth of 22.90 percent and a USD 600.00 million repurchase authorization support the recent operating picture, but the lower JPMorgan target shows that expectations remain uneven across the analyst community.

CMC stock gains 5.33 percent after-hours

Commercial Metals stock was trading at EUR 59.25 at Lang & Schwarz on October 5, 2026 at 8:16 p.m. CEST, up 5.33 percent versus the Lang & Schwarz prior close of EUR 56.25 on October 2, 2026. On the NYSE, the stock's primary listing, the finance snapshot showed USD 66.42 on October 5, 2026 at 2:17 p.m. ET, with a 52-week range of USD 53.08 to USD 84.87.