Commercial Metals (CMC) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $2.09
- Estimate
- $1.96
- Surprise
- +6.6%
- Revenue (period 2026-08-31)
- $2.66B
- Score at report (before → after)
- 6.6 → 6.6/10
Revenue source: xbrl.
How the report landed
Commercial Metals (CMC) beat the $1.96 estimate with adjusted EPS of $2.09 — a clear 6.6% upside surprise. TrendMatrix's engine moved from Hold (6.6/10) to Sell at 6.6/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates CMC Sell at 6.5/10.
3 of the last 4 quarters beat the estimate; this quarter's +6.6% surprise compares with a +5.0% four-quarter average. Next scheduled report: 2027-01-07.
What supports the rating
- Strong earnings beat streak (3/4)
- Attractive valuation
What argues against it
- Thin upside margin: 3.3%
- V7 low-quality RISK_OFF penalty: -0.5 (Q=4.5)
- Sector modifier (Industrials): -0.7
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $65.70
- Price target
- $67.86
- Stop
- $61.10
- Upside to target
- +3.3%
- Reward-to-risk
- 0.5:1
The stock trades at 11.2× trailing but 9.4× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-10-30 — shown for context, not personalized investment advice.
CMC at TrendMatrix's latest read
Industrial quarters are order-book stories — backlog and book-to-bill color how the market reads the reported number.
- Industry
- Metal Fabrication
- Market cap
- $7.25B
- P/E (fwd)
- 9.4
- P/E (ttm)
- 11.2
- 52-week range
- $55.97–$84.87
- Off 52-week high
- 22.6%
- RSI (14)
- 62
- Volume vs avg
- 0.87×
- Score today
- 6.5/10