Investing.com - Cemex ADR reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Cemex ADR announced earnings per share of $0.15 on revenue of $3.62B. Analysts polled by Investing.com anticipated EPS of $0.1451 on revenue of $3.73B.
Cemex ADR shares are down 10.32% from the beginning of the year, still down 33.11% from its 52 week high of $9.09 set on June 25, 2021. They are under-performing the EUR/USD which is down 0% from the start of the year.
Cemex ADR follows other major Materials sector earnings this month
Cemex ADR's report follows an earnings missed by Sherwin-Williams on January 14, who reported EPS of $1.35 on revenue of $4.76B, compared to forecasts EPS of $1.68 on revenue of $4.76B.
Freeport-McMoran had missed expectations on January 26 with fourth quarter EPS of $0.96 on revenue of $6.16B, compared to forecast for EPS of $0.9703 on revenue of $6.44B.
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