Cemex's Q2 Earnings, Sales Increase

MT Newswires Live07-23 19:02

Cemex (CX) reported Q2 controlling interest net income Thursday of $347 million, up from $318 million a year earlier.

Analysts polled by FactSet expected $334 million.

Net sales for the quarter ended June 30 rose to $4.59 billion from $4.09 billion a year earlier.

Analysts polled by FactSet expected $4.46 billion.

Cemex shares were up more than 4% premarket Thursday.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment