CMC

Commercial Metals reported $1.4 billion in core EBITDA for fiscal 2026, driven by operational efficiency gains that expanded margins by 4 percentage points to 14.5%. The company is shifting from heavy capital expenditures to accelerated shareholder returns, with capital spending declining by $200 million in fiscal 2027. A precast concrete acquisition diversifies earnings into infrastructure, contributing $150 million in adjusted EBITDA since acquisition.

Commercial Metals Company (CMC) is highlighted as a potential growth investment with a #3 (Hold) Zacks Rank and a VGM Score of A. The company forecasts 12.5% year-over-year earnings growth for the current fiscal year, with two analysts revising earnings estimates upward in the last 60 days, increasing the Zacks Consensus Estimate to $7.67 per share.

Commercial Metals reported Q4 2026 revenue of $2.66 billion, up 25.7% year-over-year and beating consensus estimates by 8.69%. EPS of $2.09 exceeded the $1.97 estimate by 6.09%. However, the stock has underperformed the broader market with a -0.8% return over the past month and carries a Zacks Rank #3 (Hold) rating.

Commercial Metals reported Q3 earnings of $2.09 per share, beating consensus estimates of $1.97, with revenues of $2.66 billion exceeding expectations by 8.69%. However, the stock has underperformed the S&P 500 by 18.5% year-to-date.

The company holds a Zacks Rank #3 (Hold) rating with mixed estimate revisions. L.B. Foster, another steel industry player, is expected to report earnings of $0.60 per share, up 50% year-over-year.

Commercial Metals is expected to report Q3 2026 earnings on October 15 with consensus estimates of $1.97 EPS (up 43.8% YoY) and $2.44B revenue (up 15.6% YoY). However, the company's Earnings ESP is -0.25%, indicating recent analyst pessimism, making it difficult to predict an earnings beat despite a Zacks Rank #3 rating.

Cleveland-Cliffs is expected to report Q3 2026 earnings on October 19 with consensus estimates of $0.24 EPS (up 153.3% YoY) and $5.58B in revenues (up 17.9% YoY). However, the company has a negative Earnings ESP of -11.16%, indicating recent analyst downgrades, making it difficult to predict an earnings beat despite its Zacks Rank #3 (Hold) rating.

Carpenter Technology (CRS) achieved record operating margins of 37.8% in Q4 FY26, driven by productivity gains and pricing realization. The company projects FY27 operating income of $850-880M (up 21-25% YoY) and a FY29 target of $1.2-1.3B, supported by strong aerospace and defense demand (+15%) and industrial/consumer growth (+4.7%).