Report on pre-market results of January 10, 2022: CMC, AZZ

TThe following companies are expected to publish their results before the market opens on 01/10/2022. Visit our earnings calendar for a full list of expected results.
Commercial Metals Company (CMC) reports for the quarter ended November 30, 2021. The consensus earnings per share forecast for the steel company from the 2 analysts following the action is $ 1.30. This value represents an increase of 124.14% compared to the same quarter last year. CMC missed consensus earnings per share by -8.7% in the third calendar quarter of 2021. Zacks Investment Research reports that the 2022 price-to-earnings ratio for CMC is 9.15 versus an industry ratio of 5.10. which implies that they will have higher profit growth than their competitors in the same industry.
AZZ Inc. (AZZ) is releasing a report for the quarter ending November 30, 2021. The consensus earnings per share forecast for the 1 analyst machinery company following the share is $ 0.82. This value represents an increase of 2.50% compared to the same quarter last year. Over the past year, AZZ has exceeded expectations every quarter. The highest was in the 3rd calendar quarter where they beat the consensus by 16.92%. Zacks Investment Research reports that the 2022 price / earnings ratio for AZZ is 17.97 versus an industry ratio of 20.00.
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