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CX News and Press, Cemex S.A.B. de C.V. Sponsored ADR From 02/13/23

Stock Information

Company Name: Cemex S.A.B. de C.V. Sponsored ADR
Stock Symbol: CX
Market: NYSE
Website: cemex.com

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CX - Cemex GAAP EPADS of -$0.12, revenue of $3.87B

Cemex press release ( NYSE: CX ): Q4 GAAP EPADS of -$0.12. Revenue of $3.87B (+8.4% Y/Y). Operating EBITDA in the fourth quarter of 2022 reached US$630 million, decreasing 1% on a like-to-like basis. EBITDA was higher in in three of our four regions, with the ...

CX - Volvo Trucks and CEMEX Unveil First Fully Electric Heavy Concrete Mixer Truck

CEMEX, S.A.B. de C.V. (“CEMEX”) announced today that Volvo Trucks has supplied it with the world’s first fully electric and zero-emission heavy concrete mixer truck at a joint event in Berlin, Germany. The truck is the latest development of an agreement signed between the com...

CX - CEMEX Contributes to Circular Economy With Launch of Its Regenera Waste Management Business

CEMEX, S.A.B. de C.V. (“CEMEX”) announced today the launch of Regenera, a business that provides circularity solutions, including reception, management, recycling, and coprocessing of waste. Regenera leverages CEMEX’s global footprint and the ability of its production process...

CX - EWW: Surprising 2022 Winner, Mexican Stocks Can Keep Going

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...

CX - High Costs And Macro Worries Drag Cemex Down

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...

CX - CEMEX Decarbonization Goals Validated by the SBTi for Alignment with 1.5ºC Scenario

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...

CX - CEMEX Launches Startup Accelerator to Strengthen Its Open Innovation Approach

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...

CX - CEMEX, S.A.B de C.V. (CX) Q3 2022 Earnings Call Transcript

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...

CX - Cemex GAAP EPADS of $0.00, revenue of $204.29M

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...

CX - Cemex Q3 2022 Earnings Preview

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...

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