Commercial Metals Company (NYSE:CMC) Yearly Sales Target At $1246.28


The EPS projection of Commercial Metals Company (NYSE:CMC) for quarter ended 2016-08-31 is $0.34. A week before, the EPS forecast was $0.34 against target of $0.34, a month earlier. This estimate stood at $0.34 60 days earlier versus forecast of $0.34 90 days earlier, confirming a deviation of 0%.

Commercial Metals Company (NYSE:CMC) reported that 18 days ago, the positive EPS revisions were 1 and negative revisions at 3.

In last week, the per-share earnings was lowered 0 times and 0 times positively. In last 120, 60, 30 and 90 days the positive revisions were 2, 2, 2 and 3, respectively.

The downgrade of EPS estimates for Commercial Metals Company (NYSE:CMC) in the preceding 120, 60, 30 and 90 days were 2, 0, 0 and 0, in that order.

Earnings Surprises

As per the latest update, for the quarter closed 2, the EPS estimate of Commercial Metals Company (NYSE:CMC) was $0.34. This projection was computed after accounting 7 calls. As reported on 2016-03-24 the EPS was $0.15. The change was $0.04, demonstrating a percentage deviation of 36.36%. The projections confirmed a standard deviation of 0.04.

Quarterly Sales Estimates

For the fiscal 2016, the yearly sales target for Commercial Metals Company (NYSE:CMC) stands at $1246.28 and the median estimate at $1246.28. Almost 2 analysts announced their estimates.

The highest estimate is $1278 while the lowest target is $1214.56 showing standard deviation of 44.858%.

As many as 2 analysts released sales estimates reised in upside while 2 reduced sales estimates, demonstrating a deviation of 0%.

In last month, 2 revised sales number projection on upside while 2 lowered the sales target, demonstrating a deviation of 4.005%.

A quarter ago, 2 hiked sales estimations and 2 reduced sales forecast. Commercial Metals Company (NYSE:CMC) stated that the change in forecast was -0.637%.

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