REported Late Monday, Cementos Pacasmayo Q1 EPS S/0.12 Up From S/0.10 YoY; Sales S/476.55M, Down From S/479.99M YoY
Portfolio Pulse from Benzinga Newsdesk
Cementos Pacasmayo reported its Q1 earnings per share (EPS) increased to S/0.12 from S/0.10 year-over-year (YoY), while sales slightly decreased to S/476.55 million from S/479.99 million YoY.
April 30, 2024 | 7:21 am
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Cementos Pacasmayo's Q1 earnings show a slight increase in EPS to S/0.12 from S/0.10 YoY, with a minor decrease in sales.
The increase in EPS for Cementos Pacasmayo indicates a positive outcome in profitability, which could be seen favorably by investors. However, the slight decrease in sales suggests a potential concern in revenue growth. The mixed results may lead to a neutral short-term impact on CPAC's stock price, as investors weigh the improved profitability against the slight sales decline.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100