CEMEX SAB-SPONS ADR PART CER (CX)

CX Stock Earnings: Cemex Beats EPS, Misses Revenue for Q1 2024

CX stock results show that Cemex beat analyst estimates for earnings per share but missed on revenue for the first quarter of 2024.

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CX Stock Earnings: Cemex Misses EPS, Misses Revenue for Q4 2023

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Cemex (NYSE:CX) just reported results for the fourth quarter of 2023.Cemex repo...

CX Stock Earnings: Cemex Misses EPS, Misses Revenue for Q4 2023

CX stock results show that Cemex missed analyst estimates for earnings per share and missed on revenue for the fourth quarter of 2023.

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Standard & Poor’s Upgrades Cemex to Investment Grade

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.

Cemex Reaches ‘North Star’ as S&P Lifts It to Investment Grade

Cemex SAB has finally reached what it for years called its “north star”: investment-grade status by S&P Global Ratings.

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.

First Week of CX October 18th Options Trading

Cemex GAAP EPS of -$0.30, revenue of $4.24B misses by $20M (NYSE:CX)

Cemex (CX) reports Q4 GAAP EPS of -$0.30 and revenue of $4.24B, missing estimates by $20M.

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UPDATE 1-Mexican cementmaker Cemex announces $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.

Cemex Net Sales and Operating Profit Miss Analyst Estimates

Cemex SAB’s sales missed analysts’ estimates even as the Mexican cement-maker raises prices and works to reduce costs.

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.