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…
Read at the source ↗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
- 01Adjusted earnings per ADS were $0.28 versus a $0.24 consensus estimate.
- 02Revenue reached $4.59 billion, above the $4.45 billion consensus and up 8%.
- 03Operating EBITDA rose 12% to $990 million, the fifth straight quarter of double-digit growth.
- 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