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CEMEX in the Spotlight Soon

Jul, 24 2013


CEMEX (NYS: CX) is expected to report Q2 earnings on July 25. Here's what Wall Street wants to see:

The 10-second takeaway

Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict CEMEX's revenues will grow 2.9% and EPS will come to zero.

The average estimate for revenue is $3.97 billion. On the bottom line, the average EPS estimate is $0.00.

Revenue details

Last quarter, CEMEX booked revenue of $3.32 billion. GAAP reported sales were 3.7% lower than the prior-year quarter's $3.53 billion.


EPS details

Last quarter, non-GAAP EPS came in at -$0.24. GAAP EPS were -$0.25 for Q1 compared to -$0.03 per share for the prior-year quarter.


Recent performance

For the preceding quarter, gross margin was 27.4%, 50 basis points better than the prior-year quarter. Operating margin was 6.6%, 20 basis points better than the prior-year quarter. Net margin was -8.5%, 770 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $15.70 billion. The average EPS estimate is -$0.19.

Investor sentiment

The stock has a three-star rating (out of five) at Motley Fool CAPS, with 3,716 members out of 3,874 rating the stock outperform, and 158 members rating it underperform. Among 1,024 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 995 give CEMEX a green thumbs-up, and 29 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on CEMEX is outperform, with an average price target of $11.68.

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