Coming Soon: CEMEX Earnings

Seth Jayson, The Motley Fool
Updated

CEMEX (NYS: CX) is expected to report Q2 earnings on July 20. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict CEMEX's revenues will improve 0.3% and EPS will remain in the red.

The average estimate for revenue is $4.11 billion. On the bottom line, the average EPS estimate is -$0.07.


Revenue details
Last quarter, CEMEX chalked up revenue of $3.50 billion. GAAP reported sales were 3.3% higher than the prior-year quarter's $3.42 billion.

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Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at -$0.08. GAAP EPS were -$0.02 for Q1 compared to -$0.20 per share for the prior-year quarter.

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Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 26.9%, 140 basis points worse than the prior-year quarter. Operating margin was 6.4%, 230 basis points better than the prior-year quarter. Net margin was -0.7%, 610 basis points better than the prior-year quarter.

Looking ahead
The full year's average estimate for revenue is $15.34 billion. The average EPS estimate is -$0.45.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 3,810 members out of 3,969 rating the stock outperform, and 161 members rating it underperform. Among 1,071 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 1,028 give CEMEX a green thumbs-up, and 43 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on CEMEX is hold, with an average price target of $7.25.

The article Coming Soon: CEMEX Earnings originally appeared on Fool.com.

Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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