CX News and Press, Cemex S.A.B. de C.V. Sponsored ADR From 06/15/23

2023-06-15 21:15:00 ET Summary Mexico’s stock market has been performing well this year, with “green” initiatives in the cement industry playing a part. Mexico’s domestic stock market has been performing well. Year-to-date, the FTSE Mexico Index is up m...

2023-05-28 03:22:17 ET Summary CEMEX is taking proactive steps to address climate change—a must for any cement manufacturer. CEMEX has a strong balance sheet, generates consistent EBITDA and cash flow, and is building equity. A discounted free cash flow model indicates ...

2023-05-15 14:12:32 ET Cemex ( NYSE: CX ) on Monday was downgraded to Neutral from a previous investment rating of Buy by analysts at Bank of America. They said the cement maker faces the possibility of weakening demand in U.S. housing amid risks of an economic slowdown. The dow...

2023-05-14 06:39:32 ET Summary Pricing strategy, bolt-on acquisition, and relevant fiscal stimulus should be growth tailwinds for the Cemex. Slowdown in the demand of residential market should negatively impact the sales volume of the company. The company is currently trading ...

2023-05-02 15:54:12 ET CEMEX, S.A.B de C.V. (CX) Q1 2023 Earnings Conference Call May 02, 2023, 11:00 AM ET Company Participants Louisa Rodriguez - EVP, IR Fernando Gonzalez - CEO Maher Al-Haffar - CFO Conference Call Participants Gordon Lee - BTG Pac...

2023-05-02 07:20:12 ET Cemex press release ( NYSE: CX ): Q1 GAAP EPADS of $0.15 beats by $0.07 . Revenue of $4.04B (+8.3% Y/Y) beats by $110M . Operating EBITDA in the first quarter of 2023 reached US$733 million, increasing 6% on a like-to-like basis; Ope...

2023-05-01 13:59:27 ET Cemex ( NYSE: CX ) is scheduled to announce Q1 earnings results on Tuesday, May 2, before market open. The consensus EPS estimate is $0.12 and the consensus revenue estimate is $3.93B (+4.2% Y/Y). Over the last 1 year, CX has beaten EPS estimat...

2023-05-01 11:12:11 ET Major earning expected before the bell on Tuesday include: BP ( BP ) DuPont de Nemours ( DD ) Enterprise Products Partners ( EPD ) Pfizer ( PFE ) Uber Technologies ( UBER ) For further details see: Notable earnings b...

2023-04-26 16:52:58 ET Startek ( NYSE: SRT ) said Wednesday the company has launched a new share repurchase program of $20 million. The company also announced prepayment of a certain credit facility and term loan, using $55 million of proceeds from the sale of its i...

2023-03-21 17:13:53 ET Vulcan Materials ( NYSE: VMC ) said Tuesday that CEMEX ( CX ), aided by armed Mexican police and military, forcibly entered its port facilities near Playa del Carmen on March 14 to use its port facilities. The companies had an agreement for...