CX News and Press, Cemex S.A.B. de C.V. Sponsored ADR From 01/18/23

Summary EWW is up 15% over the past year, strongly outperforming global equity markets. Better-than-expected economic data alongside a surging Peso currency explain some of the strength. We like the fund as a good option to capture targeted exposure to Mexican stocks with a positive...

Summary Cemex has underperformed, with investors fretting about both a weaker demand environment in 2023 and underwhelming profitability at this global cement giant. Management continues to talk a lot about environmental/sustainability and growth initiatives, but I want to hear what the...

CEMEX is among the first companies in the global cement industry to validate its 2030 carbon reduction goals through the SBTi for alignment under its 1.5ºC scenario. CEMEX’s goals are among the most ambitious in the industry. CEMEX, S.A.B. de C.V. (“CE...

CEMEX, S.A.B. de C.V. (“CEMEX”) and CEMEX Ventures, CEMEX’s corporate venture capital and open innovation unit, announced the launch of CEMEX Ventures Leaplab, an intensive acceleration program for innovative startups that address the critical challenges of the cons...

CEMEX, S.A.B de C.V. (CX) Q3 2022 Results Conference Call October 27, 2022 10:00 AM ET Company Participants Louisa Rodriguez - IR Fernando Gonzalez - CEO Maher Al-Haffar - CFO Conference Call Participants Carlos Peyrelongue - Bank of America Vanes...

Cemex press release ( NYSE: CX ): Q3 GAAP EPADS of $0.00. Revenue of $204.29M (+1.4% Y/Y). Operating EBITDA during the third quarter of 2022 declined by 20% on a like-to-like basis, compared with that of the third quarter of 2021. The decline was mainly due to higher c...

Cemex ( NYSE: CX ) is scheduled to announce Q3 earnings results on Thursday, October 27th, before market open. The consensus EPS Estimate is $0.21 (+187.5% Y/Y) and the consensus Revenue Estimate is $4.07B (+8.0% Y/Y). Over the last 1 year, CX has beaten EPS estimate...

CEMEX, S.A.B. de C.V. (“CEMEX”) announced today that it has teamed up with Red Ambiental and Ocean Conservancy to help clean Cancun’s beaches and use the collected waste as a more sustainable alternative to fossil fuels at cement plants. This initiative is part of F...

CEMEX commits to the most ambitious decarbonization pathway in the building materials industry. CEMEX has submitted its Future in Action commitment to reach net-zero CO 2 by 2050 across its entire value chain and its 2030 decarbonization roadmap to the Science Based Target...

Summary Cemex has posted solid growth and resilient earnings despite the more challenging macro environment. Higher pricing across all operating regions is balancing softer volume trends in cement sales. We are bullish on the stock following the deep selloff, with a sense that...