CX News and Press, Cemex S.A.B. de C.V. Sponsored ADR From 03/07/23

2023-03-07 18:02:17 ET Summary Loma Negra's fourth quarter results should show still-healthy volumes, effective pricing actions, and EBITDA/ton in the low-$30s, but the weak macro environment in Argentina is going to weigh on 2023. Management has effectively leveraged improved vol...

2023-03-04 12:25:30 ET The materials sector had a dismal week, with the S&P Materials index down -3.49%, and the Materials Select Sector SPDR ETF ( XLB ) -3.33%. The wider market grappled with stronger-than-expected inflation data in the form of the PCE price index report fo...

Summary The Irish building materials provider CRH plc saw a 9% rise in price after it released its 2022 results today. It continues to grow its sales and EBITDA, and its EPS has exceeded analysts' expectations, too. With a relatively reasonable P/E, CRH plc continues to look like a good...

Summary Eagle Materials had a modestly weaker fiscal third quarter, as weather issues offset healthy pricing in cement and wallboard. Calendar 2023 is going to see notable weakness in the residential market, impacting both cement and wallboard demand, but housing should rebound in 2024/...

CEMEX, S.A.B. de C.V. ("CEMEX") announced today that the U.S. Department of Energy awarded US$3.2 million to Solar MEAD, a joint project headed by CEMEX, Sandia National Laboratories, and Synhelion, which aims to decarbonize cement production. This press release features multimedia. View the ...

Summary CEMEX posted another mixed quarter, with a return to profit growth in Mexico, but weaker-than-expected EBITDA overall. Weaker volumes in 2023 don't surprise me, particularly given a weak U.S. housing outlook, but U.S. infrastructure projects and nearshoring in Mexico support a s...

The following slide deck was published by CEMEX, S.A.B. de C.V. in conjunction with their 2022 Q4 earnings call. For further details see: CEMEX, S.A.B. de C.V. 2022 Q4 - Results - Earnings Call Presentation

CEMEX, S.A.B de C.V. (CX) Q4 2022 Earnings Conference Call February 13, 2023 10:00 AM ET Company Participants Louisa Rodriguez - EVP, IR Fernando Gonzalez - CEO Maher Al-Haffar - CFO Conference Call Participants Carlos Peyrelongue - Bank of America Benj...

Cemex ( NYSE: CX ) -3.6% in early trading Monday after posting an unexpected Q4 loss due mostly to large impairments, while higher prices helped revenues rise 8% Y/Y to $3.87B. Cemex ( CX ) swung to a Q4 net loss of $99.1M, or $0.12/ADS, which includes $442M of impairments...

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 ...