Cemex Q2 EPS $0.34 Beats $0.19 Estimate, Sales $4.57B Beat $4.35B Estimate
Portfolio Pulse from Happy Mohamed
Cemex reported Q2 earnings of $0.34 per share, beating the analyst consensus estimate of $0.19 by 78.95%. This is an 88.89% increase from the same period last year. The company also reported quarterly sales of $4.57 billion, beating the analyst consensus estimate of $4.35 billion by 5.06%. This is a 12.01% increase from the same period last year.
July 27, 2023 | 2:35 pm
News sentiment analysis
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POSITIVE IMPACT
Cemex's Q2 earnings and sales exceeded analyst estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock price in the short term.
Cemex's Q2 earnings and sales have significantly exceeded analyst estimates, which is a strong indicator of the company's financial performance. This positive news is likely to increase investor confidence and could potentially lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100