CX News and Press, Cemex S.A.B. de C.V. Sponsored ADR From 04/28/22

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. Du...

Cemex (NYSE:CX) is scheduled to announce Q1 earnings results on Thursday, April 28th, before market open. The consensus EPS Estimate is $0.19 (-54.8% Y/Y) and the consensus Revenue Estimate is $3.62B (+6.1% Y/Y). Over the last 3 months, EPS estimates have seen 0 upward revisions and 2 downwar...

Cemex (NYSE:CX) said Monday it successfully converted carbon dioxide from its cement-making processes into carbon nanoparticles that could have several potential commercial applications in fields such as building materials, electronics, agriculture and biomedicine. Cemex (CX) said it is the f...

CEMEX has successfully converted CO 2 into carbon nanomaterials in a laboratory setting. Carbon nanomaterials have several potential commercial applications in fields such as building materials, electronics, agriculture, and biomedicine. CEMEX is the first company in the c...

Cemex (NYSE:CX) bumps 3% higher after Credit Suisse upgraded shares to Outperform from Neutral with a $6.70 price target on Wednesday, saying rapidly rising kiln fuel prices are starting to see normalization while Mexico cement prices will rise faster than expected. Singapore coking coal...

Cemex (NYSE:CX) said Monday it will team with Sasol (SSL) and renewable energy company Enertrag in a project to produce sustainable aviation fuel by combining carbon dioxide with hydrogen. Cemex (CX) said the project is part of its push to reduce its carbon footprint and turn its Rüdersd...

CEMEX has joined a consortium that will combine hydrogen and CO 2 into sustainable fuel for the aviation industry. CEMEX joins forces with Sasol and ENERTRAG in this milestone project. The consortium is part of a series of efforts to turn CEMEX’s Rüdersdorf pla...

The S&P Materials sector and the Materials Select Sector SPDR (NYSEARCA:XLB) concluded the trading week with a slight dip of -0.7%. Copper and aluminum prices rebounded on Friday following two days of declines, helped by tight supply, firmer oil prices and hopes of more Chinese stimu...

Data reveals that American industrial companies have drastically increased their buying from Mexican suppliers, while cutting their exposure to China. I've long talked about reshoring as a catalyst for Mexican companies. Now the data confirms it's happening before our eyes. Centro...

Cemex (CX -2.8%) slides after Goldman Sachs downgraded shares to Neutral from Buy with a $6 price target on Tuesday, saying energy cost inflation likely will not be fully offset by cement price hikes. "Given the swift increase in energy costs recently, we believe short-term earnings will rema...