Commercial Metals Company Reports 1Q EPS of $0.01

Commercial Metals Company CMC today reported net income of $0.7 million or $0.01 per diluted share on net sales of $1.8 billion for the quarter ended November 30, 2010. This compares with a net loss of $31.2 million or $0.28 per share on net sales of $1.4 billion for the first quarter of last year.