Cemex (NYSE:CX) Announces Quarterly Earnings Results
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Mexico City, Oct 26 (EFE).- The Mexican consortium Cemex reported on Monday a net gain of 407 million dollars in the third quarter of 2026, an increase of 55% compared to 264 million recorded in the same period of the previous year, driven by higher sales and an improvement of its results [...] The entry Mexican Cemex earns 407 million dollars in the third quarter of 2026, a 55% more was first published in HolaNews.
Cemex (NYSE:CX) Announces Quarterly Earnings Results
Cemex (NYSE:CX - Get Free Report) issued its quarterly earnings results on Monday. The construction company reported $0.28 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.25 by $0.03. The business had revenue of $4.59 billion for the quarter, compared to analyst estimates of $4.45 billion. Cemex had a net margin of 2.83% and a return on equity of 3.82%.
During the third quarter, Cemex's operations in Mexico showed favorable behavior, with an increase of 16% in its sales, which totaled 1,299 million dollars. The publication Cemex previews an upturn of infrastructure in Mexico in 2027; dams, trains and highways will promote works appeared first in the CEO.
Reading time approx.: 1 minutes, 42 secondsIn the period they amounted to $1 299 million (mdd) supported “by a growing demand for cement” mainly in the residential sector. Analysts highlighted the social programs promoted by the government in the area of housing and rural roads. Barclays endorsed his recommendation to overweight for his actions. [...] Cemex office increases 16% sales in Mexico in the third quarter in a report higher than expecta…
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