Investing.com - Cemex ADR reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Cemex ADR announced earnings per share of $0.18 on revenue of $3.85B. Analysts polled by Investing.com anticipated EPS of $0.1575 on revenue of $3.65B.
Cemex ADR shares are up 19% from the beginning of the year and are trading at $8.370 , down-from-52-week-high.They are under-performing the AEX which is up 21% from the start of the year.
Cemex ADR shares lost 0.36% in pre-market trade the report.
Cemex ADR follows other major Materials sector earnings this month
Cemex ADR's report follows an earnings missed by Sherwin-Williams on Tuesday, who reported EPS of $2.65 on revenue of $5.38B, compared to forecasts EPS of $2.67 on revenue of $5.38B.
Ecolab had beat expectations on Tuesday with second quarter EPS of $1.22 on revenue of $3.16B, compared to forecast for EPS of $1.21 on revenue of $3.11B.
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