Insights into Cemex's Upcoming Earnings

Cemex CX is preparing to release its quarterly earnings on Monday, 2024-10-28. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Cemex to report an earnings per share (EPS) of $0.29.

Cemex bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Overview of Past Earnings

During the last quarter, the company reported an EPS missed by $0.05, leading to a 0.78% increase in the share price on the subsequent day.

Here's a look at Cemex's past performance and the resulting price change:

To track all earnings releases for Cemex visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.