Commercial Metals (CMC) reported fiscal Q2 adjusted earnings Thursday of $0.26 per diluted share, down from $0.73 a year earlier.
Analysts polled by FactSet expected $0.29.
Net sales for the fiscal quarter ended Feb. 28 were $1.75 billion, down from $1.85 billion a year earlier.
Analysts surveyed by FactSet expected $1.75 billion.
Shares of the company fell nearly 3% in recent premarket activity.
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