NYSE - Delayed Quote USD

CEMEX, S.A.B. de C.V. (CX)

8.27

+0.09

(+1.10%)

At close: April 26 at 4:00 PM EDT

8.23

-0.04

(-0.48%)

After hours: April 26 at 7:46 PM EDT

UPDATE 2-Mexican cement maker Cemex's Q1 profit climbs despite dip in volumes

Mexican cement maker Cemex reported a 13% increase in first-quarter net profit on Thursday, bolstered by lower taxes and less exposure to financial derivatives, although its operating earnings declined. The firm, one of the world's largest cement producers, posted a net profit of $254.4 million, beating analysts' estimates of $218.2 million as per LSEG data. Revenue inched up 3% year-over-year to $4.14 billion, just shy of analysts' estimates of $4.19 billion, despite volumes falling in all of its product segments.

Reuters yesterday

CEMEXCPO.MX
Mexican cement maker Cemex's Q1 profit climbs despite dip in volumes

Mexican cement maker Cemex reported a 13% increase in first-quarter net profit on Thursday, bolstered by lower taxes and less exposure to financial derivatives, although its operating earnings declined. The firm, one of the world's largest cement producers, posted a net profit of $254.4 million, beating analysts' estimates of $218.2 million as per LSEG data. Revenue inched up 3% year-over-year to $4.14 billion, just shy of analysts' estimates of $4.19 billion, despite volumes falling in all of its product segments.

Reuters yesterday

CEMEXCPO.MX
CORRECTED-UPDATE 1-Mexican cement maker Cemex's Q1 profit climbs despite dip in volumes

Mexican cement maker Cemex reported a 13% increase in first-quarter net profit on Thursday, bolstered by lower taxes and less exposure to financial derivatives, although its operating earnings declined. The firm, one of the world's largest cement producers, posted a net profit of $254.4 million, beating analysts' estimate of $218.2 million as per LSEG data. Revenue inched up 3% year-over-year to $4.14 billion, just shy of analysts' estimate of $4.19 billion, despite volumes falling in all of its product segments.

Reuters yesterday

CEMEXCPO.MX
3 Under-the-Radar Stocks With Explosive Growth Prospects

Discovering chances with substantial growth potential in the stock market might unearth buried jewels. These three obscure stocks have innovative strategies and tremendous growth potential. The first one is a leading company in the building materials sector. It has excellent sales growth supported by a competitive pricing approach. Additionally, the company demonstrates successful market penetration and diversification tactics, with a steady rise in the pricing of its main products and noteworth

InvestorPlace 17 days ago

DESP

CEMEXCPO.MX
Unleashing the Underdogs: 3 Hidden Gems Set to Conquer the Market

Opportunities frequently appear out of nowhere when underdog businesses triumph against the odds thanks to shrewd planning and forethought. The companies on this list all embody the spirit of the underdog, even though they operate in different industries. Their strategic growth plans make all three of these companies hidden gem stocks that will conquer the market. The first company is creating a lineup of exoskeletons that promises a large income stream, particularly if Medicare covers its devic

InvestorPlace 22 days ago

SXC

CEMEXCPO.MX
Standard & Poor’s Upgrades Cemex to Investment Grade

MONTERREY, Mexico, March 13, 2024--Rating agency Standard & Poor’s (S&P) announced today that it has upgraded Cemex’s long-term global scale issuer credit rating to Investment Grade (BBB-) due to its strong financial and operating performance, deleveraging strategy, and flexible capital allocation.

Business Wire last month

CX
+1.10%
CXMSF
UPDATE 1-Mexico's Cemex recovers investment-grade rating from S&P

Debt issued by Mexican cementmaker Cemex was upgraded to "BBB-" by S&P Global Ratings on Wednesday, pushing the firm one notch into investment-grade territory after more than a decade of languishing in the agency's speculative grade, or junk, status. The credit ratings agency emphasized in a statement that Cemex's business strategy provides "headroom for the company to sustain the investment-grade rating through business cycles." S&P added that Cemex's priorities for this year and next should include boosting core earnings, or earnings before interest, taxes, depreciation, and amortization (EBITDA), through margin expansion and acquisitions.

Reuters last month

CEMEXCPO.MX
Cemex to start new cement-making method to cut costs, emissions

Mexican cement maker Cemex will start using a new manufacturing method that will reduce its consumption of a key intermediary ingredient and cut carbon dioxide (CO2) emissions, the company said on Thursday. Scientists say the industry releases between 8% to 9% of global CO2 emissions per year, making it one of the biggest polluters. To address that, Cemex will begin a process of "micronizing," or finely grinding, its clinker, the heated mix of limestone and minerals that is an intermediary product in cement making, the company said.

Reuters last month

CEMEXCPO.MX
Is Cemex (CX) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Zacks 2 months ago

CEMEXCPO.MX
CX vs. MLM: Which Stock Should Value Investors Buy Now?

CX vs. MLM: Which Stock Is the Better Value Option?

Zacks 2 months ago

CEMEXCPO.MX

MLM
+1.33%
CEMEX, S.A.B. de C.V. (NYSE:CX) Q4 2023 Earnings Call Transcript

CEMEX, S.A.B. de C.V. (NYSE:CX) Q4 2023 Earnings Call Transcript February 8, 2024 CEMEX, S.A.B. de C.V. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning, and welcome to the CEMEX Fourth Quarter 2023 Conference Call and Webcast. My […]

Insider Monkey 2 months ago

CEMEXCPO.MX
UPDATE 3-Shares in Mexican cement maker Cemex tumble after Q4 loss

Mexican cement maker Cemex saw 13.8 billion pesos ($805.98 million) wiped off its market capitalization mid-day Thursday, with shares on track for their worst day in two years after posting a fourth-quarter loss on tax provisions. Cemex reported a net loss of $441 million, hit by fines resulting from a years-long tax auditing process on its operation in Spain. It weighed against Cemex's launch of a $120 million dividend program over the next year, which had been long-awaited by shareholders as Cemex fights to regain an investment-grade credit rating.

Reuters 2 months ago

CEMEXCPO.MX
Mexican cementmaker Cemex launches $120 mln dividend program after Q4 loss

Mexican cementmaker Cemex announced on Thursday it aims to dole out $120 million in dividends over the next year, a long-awaited boost to shareholders as the firm has fought to regain an investment-grade credit rating. The dividend plan comes as Cemex, still rated BB+ by S&P and Fitch, posted a net loss of $441 million in the fourth quarter, hit by fines resulting from a years-long tax auditing process on its operation in Spain. Cemex will propose the quarterly dividend program - which would run from the second quarter of this year to the first quarter of 2025 - in its March shareholder meeting, the company said in a statement.

Reuters 2 months ago

CEMEXCPO.MX
UPDATE 2-DMCI in talks to acquire Cemex Philippines, sources say

Philippine conglomerate DMCI Holdings Inc is in talks to acquire Cemex Holdings Philippines, three sources familiar with the matter said on Wednesday. The transaction could be worth around 40 billion pesos ($715 million) based on Cemex Philippines' book value of 3 pesos per share, one of the sources said. The shares surged this week after a media report that DMCI was looking to acquire the unit of Mexican cement giant Cemex.

Reuters 2 months ago

CEMEXCPO.MX
Philippines' DMCI in talks to acquire cement manufacturer Cemex - sources

Philippine conglomerate DMCI Holdings Inc is in talks to acquire a unit of Mexican cement giant Cemex, three sources familiar with the matter said on Wednesday. The deal will be more than the current 21 billion pesos ($374.93 million) market capitalisation of Cemex Holdings Philippines, one source said, while a banking source said it could reach as much as about 40 billion pesos ($714.16 million).

Reuters 2 months ago

CEMEXCPO.MX
Should Value Investors Buy Cemex (CX) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Zacks 2 months ago

CEMEXCPO.MX

SUM
Fast-paced Momentum Stock Cemex (CX) Is Still Trading at a Bargain

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Cemex (CX) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Zacks 2 months ago

CEMEXCPO.MX
Zacks.com featured highlights include First Bank, CEMEX, Costamare, ASE Technology and Summit Hotel Properties

First Bank, CEMEX, Costamare, ASE Technology and Summit Hotel Properties are part of the Zacks Screen of the Week article.

Zacks 2 months ago

CEMEXCPO.MX

CMRE

INN
Pick These 5 Bargain Stocks With Enticing EV-to-EBITDA Ratios

We have screened bargain stocks FRBA, CX, CMRE, ASX and INN based on the EV-to-EBITDA ratio, which offers a clearer picture of valuation and earnings potential.

Zacks 2 months ago

INN

CMRE

CEMEXCPO.MX
CX or MLM: Which Is the Better Value Stock Right Now?

CX vs. MLM: Which Stock Is the Better Value Option?

Zacks 2 months ago

CEMEXCPO.MX

MLM
+1.33%

Performance Overview

Return	CX	S&P/BMV IPC
YTD	+6.71%	+0.78%
1-Year	+42.34%	+6.37%
3-Year	+9.10%	+17.81%

News

Life

Entertainment

Finance

Sports

New on Yahoo

Yahoo Finance

CEMEX, S.A.B. de C.V. (CX)

UPDATE 2-Mexican cement maker Cemex's Q1 profit climbs despite dip in volumes

Mexican cement maker Cemex's Q1 profit climbs despite dip in volumes

CORRECTED-UPDATE 1-Mexican cement maker Cemex's Q1 profit climbs despite dip in volumes

3 Under-the-Radar Stocks With Explosive Growth Prospects

Unleashing the Underdogs: 3 Hidden Gems Set to Conquer the Market

Standard & Poor’s Upgrades Cemex to Investment Grade

UPDATE 1-Mexico's Cemex recovers investment-grade rating from S&P

Cemex to start new cement-making method to cut costs, emissions

Is Cemex (CX) Stock Undervalued Right Now?

CX vs. MLM: Which Stock Should Value Investors Buy Now?

CEMEX, S.A.B. de C.V. (NYSE:CX) Q4 2023 Earnings Call Transcript

UPDATE 3-Shares in Mexican cement maker Cemex tumble after Q4 loss

Mexican cementmaker Cemex launches $120 mln dividend program after Q4 loss

UPDATE 2-DMCI in talks to acquire Cemex Philippines, sources say

Philippines' DMCI in talks to acquire cement manufacturer Cemex - sources

Should Value Investors Buy Cemex (CX) Stock?

Fast-paced Momentum Stock Cemex (CX) Is Still Trading at a Bargain

Zacks.com featured highlights include First Bank, CEMEX, Costamare, ASE Technology and Summit Hotel Properties

Pick These 5 Bargain Stocks With Enticing EV-to-EBITDA Ratios

CX or MLM: Which Is the Better Value Stock Right Now?

Performance Overview