CX - Cemex GAAP EPADS of $0.13 beats by $0.04 revenue of $3.77B beats by $150M

Cemex press release (NYSE:CX): Q1 GAAP EPADS of $0.13 beats by $0.04. Revenue of $3.77B (+11.9% Y/Y) beats by $150M. Operating EBITDA in the first quarter of 2022 reached US$691 million, increasing 3% on a like-to-like basis for the ongoing operations and for foreign exchange fluctuations. During the quarter, our EMEA and U.S. regions contributed favorably to EBITDA. Operating EBITDA margin decreased by 1.7pp from 20.0% in the first quarter of 2021 to 18.3% this quarter. Shares +4.9% PM.

For further details see:

Cemex GAAP EPADS of $0.13 beats by $0.04, revenue of $3.77B beats by $150M