Shares of Cemex CX remained unaffected after the company reported Q2 results.
Quarterly Results
Earnings per share were down 83.33% over the past year to $0.01, which beat the estimate of ($0.02).
Revenue of $2,912,000,000 declined by 17.34% from the same period last year, which missed the estimate of $2,950,000,000.
Guidance
Earnings guidance hasn't been issued by the company for now.
Cemex hasn't issued any revenue guidance for the time being.
Details Of The Call
Date: Jul 27, 2020
Time: 10:00 AM
Recent Stock Performance
52-week high: $4.37
Company's 52-week low was at $1.55
Price action over last quarter: Up 38.05%
Company Description
Cemex is the largest ready-mix concrete company and one of the largest aggregates companies in the world. In 2019, the company sold roughly 63 million tons of cement, 50 million cubic meters of ready-mix, and 135 million tons of aggregates. As of Dec. 31, 2019, the company had annual cement production capacity of roughly 105 million tons. The company generates roughly 24% of sales in Europe, 23% in Mexico, 30% in the United States, 13% in South America and the Caribbean, and 11% in Asia, Middle East, and Africa.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
