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via finance.yahoo.comBusiness & Companies

Cemex rises 3% after third-quarter earnings and revenue beat expectations

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- On Monday, Cemex, S.A.B. de C.V. (NYSE:CX) reported third quarter results that exceeded analyst expectations, with adjusted earnings per ADS of $0.28 compared to the consensus estimate of $0.24. Still guessing which stocks will beat the market? Our AI portfolio…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishQuarterly results above consensus estimates with a positive pre-market share reaction.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Adjusted earnings per ADS were $0.28 versus a $0.24 consensus estimate.
  2. 02Revenue reached $4.59 billion, above the $4.45 billion consensus and up 8%.
  3. 03Operating EBITDA rose 12% to $990 million, the fifth straight quarter of double-digit growth.
  4. 04Shares rose 2.84% in pre-market trading.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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Breaking live stories come from third-party newswires via feed; headline and summary belong to the stated source. Impact analysis: UCapital AI · News Impact.

AI use policy. UCapital AI supports the newsroom with news analysis, summaries, market reactions, translations and the generation of cards and charts. AI-generated or AI-assisted content is labelled in the byline (AI Desk, a named AI profile marked «AI», or joint byline) and is reviewed by editors before publication. News received via API feeds from third-party providers is attributed to the original source. AI can make mistakes: report any inaccuracies to the newsroom. Users’ personal data is not used to train the models.