Commercial Metals Management Discusses Q3 2012 Results - Earnings Call Transcript

Commercial Metals (CMC)

Q3 2012 Earnings Call

June 27, 2012 11:00 am ET

Executives

Joseph Alvarado - Chief Executive Officer, President and Member of The Board of Directors

Barbara R. Smith - Chief Financial Officer and Senior Vice President

Analysts

Evan L. Kurtz - Morgan Stanley, Research Division

Luke Folta - Jefferies & Company, Inc., Research Division

Sohail Tharani - Goldman Sachs Group Inc., Research Division

Arun S. Viswanathan - Longbow Research LLC

Brent Thielman - D.A. Davidson & Co., Research Division

Jonathan Sullivan - Citigroup Inc, Research Division

Mark L. Parr - KeyBanc Capital Markets Inc., Research Division

Nick Farwell

Philip Gibbs - KeyBanc Capital Markets Inc., Research Division

Charles A. Bradford - Bradford Research, Inc.

Luke McFarlane - Macquarie Research

Michelle Applebaum - Steel Market Intelligence Inc

Presentation

Operator

Hello, everyone, and welcome to today's Commercial Metals Company Third Quarter Fiscal 2012 Earnings Conference Call. As always, today's call is being recorded. [Operator Instructions] I would like to remind all participants that during the course of this conference call, the company will make statements that provide information other than historical information and will include expectations regarding the company's future prospects, revenues, expenses or profits. These statements are considered forward-looking statements and may involve speculation and are subject to risk and uncertainties that could cause actual results to differ materially from those expectations. These statements reflect the company's beliefs based on current conditions but are subject to certain risk and uncertainties that are listed in the company's press release and described in the company's latest 10-K and 10-Qs. Although CMC believes these statements are made based on management's expectations and assumptions, CMC offers no assurance that events or facts will happen as expected. All statements are made only as of this date, CMC does not assume any obligation to update them in connection with future events, new information or otherwise.

Some numbers presented will be non-GAAP financial measures and reconciliations can be found in the company's press release and on the company's website. And now for opening remarks introductions, I will turn the call over to the President and CEO of Commercial Metals Company, Mr. Joe Alvarado.

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