UPDATE 1-Mexico's Cemex profit misses expectations [Reuters]
Cemex, S.A.B. de C.V. Sponsored ADR (CX)
US:NYSE Investor Relations:
cemex.com/investors/overview
Company Research
Source: Reuters
UPDATE 1-Mexico's Cemex profit misses expectations (Adds details on the quarter) April 25 (Reuters) - Mexican cement producer Cemex SAB de CV on Thursday reported a lower-than-expected profit, hurt by lower volumes in Mexico and the United States, its two most important markets. Sales in Mexico fell 8 percent to $706 million and earnings before interest, tax, depreciation and amortization (EBITDA) declined by 14 percent to $255 million during the first quarter ended March, the company said. U.S. sales rose 3 percent to $878 million, but EBITDA fell 1 percent to $130 million. Monterrey-based Cemex has been waging a campaign to cut costs and divest to regain its investment-grade rating. In February, the company said it would sell some of its European facilities and businesses to German building company Schwenk for about $385 million. Net profit rose to $39 million in the quarter, from $20 million a year earlier, while total net sales increased 1 percent to $3.2 billion. Analysts on aver
Show less
Read more
Impact Snapshot
Event Time:
CX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CX alerts
High impacting Cemex, S.A.B. de C.V. Sponsored ADR news events
Weekly update
A roundup of the hottest topics
CX
News
- CEMEX, S.A.B. de C.V. (NYSE: CX) was downgraded by analysts at Bank of America Co. from a "buy" rating to a "neutral" rating. They now have a $9.00 price target on the stock.MarketBeat
- Cement Tiles Market To Reach USD 40.2 Billion By 2032 | DataHorizzon Research [Yahoo! Finance]Yahoo! Finance
- Global Fly Ash Market Size To Exceed USD 23.61 Billion By 2033 | CAGR of 6.33% [Yahoo! Finance]Yahoo! Finance
- Specialty Cement Market to Reach US$ 92.63 Billion by 2031, Rising at a CAGR of 7.05% | Report by CoherentMI [Yahoo! Finance]Yahoo! Finance
- Green Cement Industry Report 2024: A $34.9 Billion Market in 2023 - Global Forecasts to 2032 [Yahoo! Finance]Yahoo! Finance
CX
Sec Filings
- 4/25/24 - Form 6-K
- 4/25/24 - Form 6-K
- 4/15/24 - Form 6-K
- CX's page on the SEC website