CEMEX, S.A.B. de C.V. Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

Last week, you might have seen that CEMEX, S.A.B. de C.V. (BMV:CEMEXCPO) released its quarterly result to the market. The early response was not positive, with shares down 9.2% to Mex$10.62 in the past week. Revenues of US$4.1b fell slightly short of expectations, but earnings were a definite bright spot, with statutory per-share profits of US$0.027 an impressive 80% ahead of estimates. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

Check out our latest analysis for CEMEX. de

Taking into account the latest results, the consensus forecast from CEMEX. de's 15 analysts is for revenues of US$17.7b in 2025. This reflects a satisfactory 2.7% improvement in revenue compared to the last 12 months. Per-share earnings are expected to bounce 268% to US$0.073. Before this earnings report, the analysts had been forecasting revenues of US$17.9b and earnings per share (EPS) of US$0.077 in 2025. So it looks like there's been a small decline in overall sentiment after the recent results - there's been no major change to revenue estimates, but the analysts did make a small dip in their earnings per share forecasts.

The consensus price target held steady at Mex$17.82, with the analysts seemingly voting that their lower forecast earnings are not expected to lead to a lower stock price in the foreseeable future. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. Currently, the most bullish analyst values CEMEX. de at Mex$20.99 per share, while the most bearish prices it at Mex$14.52. As you can see the range of estimates is wide, with the lowest valuation coming in at less than half the most bullish estimate, suggesting there are some strongly diverging views on how analysts think this business will perform. As a result it might not be a great idea to make decisions based on the consensus price target, which is after all just an average of this wide range of estimates.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the CEMEX. de's past performance and to peers in the same industry. We would highlight that CEMEX. de's revenue growth is expected to slow, with the forecast 2.1% annualised growth rate until the end of 2025 being well below the historical 7.6% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 0.7% annually. Even after the forecast slowdown in growth, it seems obvious that CEMEX. de is also expected to grow faster than the wider industry.

The Bottom Line

The most important thing to take away is that the analysts downgraded their earnings per share estimates, showing that there has been a clear decline in sentiment following these results. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. The consensus price target held steady at Mex$17.82, with the latest estimates not enough to have an impact on their price targets.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. At Simply Wall St, we have a full range of analyst estimates for CEMEX. de going out to 2026, and you can see them free on our platform here..

Even so, be aware that CEMEX. de is showing 3 warning signs in our investment analysis , you should know about...

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.