CEMEX. de First Quarter 2024 Earnings: EPS: US$0.17 (vs US$0.015 in 1Q 2023)

CEMEX. de (BMV:CEMEXCPO) First Quarter 2024 Results

Key Financial Results

• Revenue: US$4.14b (up 2.5% from 1Q 2023).
• Net income: US$254.4m (up 13% from 1Q 2023).
• Profit margin: 6.1% (up from 5.6% in 1Q 2023). The increase in margin was driven by higher revenue.
• EPS: US$0.17 (up from US$0.015 in 1Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

CEMEX. de Earnings Insights

Looking ahead, revenue is forecast to grow 3.4% p.a. on average during the next 3 years, while revenues in the Basic Materials industry in South America are expected to remain flat.

Performance of the market in Mexico.

The company's shares are up 3.1% from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for CEMEX. de that you need to take into consideration.

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