Cemex, S.A.B. de C.V. Sponsored ADR (CX) News
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CX News Highlights
- CX's 30 day story count now stands at 5.
- Over the past 8 days, the trend for CX's stories per day has been choppy and unclear. It has oscillated between 1 and 3.
- DE, EL and FOLD are the most mentioned tickers in articles about CX.
Latest CX News From Around the Web
Below are the latest news stories about CEMEX SAB DE CV that investors may wish to consider to help them evaluate CX as an investment opportunity.
3 Cheap International Stocks to BuyThese 3 international stocks are trading at great values and offer diversification to investors who are looking to broaden their portfolios. |
CEMEX, S.A.B. de C.V. (NYSE:CX) Q3 2023 Earnings Call TranscriptCEMEX, S.A.B. de C.V. (NYSE:CX) Q3 2023 Earnings Call Transcript October 26, 2023 CEMEX, S.A.B. de C.V. misses on earnings expectations. Reported EPS is $0.09 EPS, expectations were $0.23. Operator: Good morning and welcome to the Cemex Third Quarter 2023 Conference Call and Webcast. My name is Daisey, and I’ll be your operator for today. […] |
UPDATE 3-Mexico cement-maker Cemex posts earnings beat on margins boostMexican cement-maker Cemex saw its core earnings climb 40% in the third quarter on higher prices and easing input cost inflation, it said on Thursday, sending shares up over 3% in early morning trading. Cemex's earnings before interest, taxes, depreciation, and amortization (EBITDA) rose to $910 million, beating the LSEG-compiled estimate of $871 million and prompting the company to bump up its full-year estimate to $3.3 billion. Compared sequentially, however, prices at Cemex, which operates in the Americas, Europe, Africa, Asia and the Middle East, largely stayed the same in local currency. |
Mexico's Cemex Q3 profit slides on year-ago asset sales, as taxes biteMEXICO CITY (Reuters) -Mexican cement-maker Cemex on Thursday reported a 75% slump in third-quarter profit, on a nearly five-fold rise in taxes and as hefty asset sales last year hurt the year-on-year earnings' comparison. Cemex's net profit fell to $126 million, down from $494 million last year, the company said in a filing. Most of the decline in profit reflected the sale of assets in Costa Rica, El Salvador and a partial stake sale in tech firm Neoris last year, it said. |
Mexico's Cemex Q3 profit slides on year-ago asset sale and as taxes biteMexican cement-maker Cemex on Thursday reported a 75% slump in third-quarter profit, on a nearly five-fold rise in taxes and as hefty asset sales last year hurt the year-on-year earnings' comparison. Cemex's net profit fell to $126 million, down from $494 million last year, the company said in a filing. Most of the decline in profit came from the sale of assets in Costa Rica, El Salvador and a partial stake sale in tech firm Neoris last year, it said. |
Tallest tower in Latin America built with Cemex’s Vertua lower-carbon concreteMONTERREY, Mexico, October 24, 2023--Cemex is supplying a specialty mix of Vertua concrete products for the construction of Rise Tower in Monterrey, Mexico, which is expected to become the tallest tower in Latin America at a height of 475 meters and 100 stories. |
Fernando A. González, CEO of Cemex, elected President of the Global Cement and Concrete AssociationMONTERREY, Mexico, October 16, 2023--Fernando A. González, CEO of Cemex, has been elected as the new President of the Global Cement and Concrete Association (GCCA). The GCCA’s members account for 80% of global cement production capacity outside of China and have committed to achieving Net Zero CO2 emissions by 2050. |
Hidden Gems: 3 Penny Stocks Flying Under the Radar.Overlooked penny stocks are set to rally once the overall stock market and economy pivot to the upside - These are three winners. |
UPDATE 1-Mexico's Cemex in talks with banks over $3 bln debt refinancingMexican cement maker Cemex is in talks to refinance its $3 billion credit facility with banks, the company confirmed to Reuters on Thursday. Bloomberg first reported the news, citing interviews with company executives. "We're in current discussions with our banks, because the biggest amount of debt that is maturing is bank debt," Chief Financial Officer Maher Al-Haffar was quoted as saying. |
Mexico's Cemex in talks with banks over $3 billion debt refinancingMEXICO CITY (Reuters) -Mexican cement maker Cemex is in talks to refinance its $3 billion credit facility with banks, the company confirmed to Reuters on Thursday. Bloomberg first reported the news, citing interviews with company executives. "We're in current discussions with our banks, because the biggest amount of debt that is maturing is bank debt," Chief Financial Officer Maher Al-Haffar was quoted as saying. |