IRVING, Texas (AP) _ Commercial Metals Co. (CMC) on Thursday reported fiscal fourth-quarter profit of $152.3 million.

On a per-share basis, the Irving, Texas-based company said it had profit of $1.24. Earnings, adjusted for asset impairment costs, came to $1.26 per share.

The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.38 per share.

The manufacturer and recycler of steel and metal products posted revenue of $2.03 billion in the period.

For the year, the company reported profit of $412.9 million, or $3.38 per share. Revenue was reported as $6.73 billion.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CMC at https://www.zacks.com/ap/CMC

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