CEMEX, S.A.B. de C.V. Just Missed EPS By 10%: Here's What Analysts Think Will Happen Next

It's been a pretty great week for CEMEX, S.A.B. de C.V. (BMV:CEMEXCPO) shareholders, with its shares surging 11% to Mex$19.04 in the week since its latest third-quarter results. It was not a great result overall. While revenues of US$4.2b were in line with analyst predictions, earnings were less than expected, missing statutory estimates by 10% to hit US$0.018 per share. 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.

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Following the latest results, CEMEX. de's 15 analysts are now forecasting revenues of US$17.0b in 2026. This would be a credible 7.0% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to soar 43% to US$0.09. In the lead-up to this report, the analysts had been modelling revenues of US$16.9b and earnings per share (EPS) of US$0.08 in 2026. There was no real change to the revenue estimates, but the analysts do seem more bullish on earnings, given the substantial gain in earnings per share expectations following these results.

View our latest analysis for CEMEX. de

There's been no major changes to the consensus price target of Mex$20.17, suggesting that the improved earnings per share outlook is not enough to have a long-term positive impact on the stock's valuation. 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. There are some variant perceptions on CEMEX. de, with the most bullish analyst valuing it at Mex$24.03 and the most bearish at Mex$17.03 per share. We would probably assign less value to the analyst forecasts in this situation, because such a wide range of estimates could imply that the future of this business is difficult to value accurately. With this in mind, we wouldn't rely too heavily the consensus price target, as it is just an average and analysts clearly have some deeply divergent views on the business.

Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. The period to the end of 2026 brings more of the same, according to the analysts, with revenue forecast to display 5.5% growth on an annualised basis. That is in line with its 4.7% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 4.4% annually. So although CEMEX. de is expected to maintain its revenue growth rate, it's definitely expected to grow faster than the wider industry.

The Bottom Line

The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards CEMEX. de following these results. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is expected to grow faster than the wider industry. The consensus price target held steady at Mex$20.17, with the latest estimates not enough to have an impact on their price targets.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At Simply Wall St, we have a full range of analyst estimates for CEMEX. de going out to 2027, and you can see them free on our platform here..

Even so, be aware that CEMEX. de is showing 1 warning sign 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.