Investing.com - Cemex ADR reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Cemex ADR announced earnings per share of $0.13 on revenue of $3.77B. Analysts polled by Investing.com anticipated EPS of $0.0725 on revenue of $3.61B.
Cemex ADR shares are down 36.73% from the beginning of the year, still down 52.81% 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 shares gained 5.36% in pre-market trade following the report.
Cemex ADR follows other major Materials sector earnings this month
Cemex ADR's report follows an earnings missed by Vale ADR on Wednesday, who reported EPS of $0.93 on revenue of $10.81B, compared to forecasts EPS of $0.9476 on revenue of $12.09B.
Sherwin-Williams had beat expectations on Tuesday with first quarter EPS of $1.61 on revenue of $5B, compared to forecast for EPS of $1.54 on revenue of $4.91B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar