Investing.com - Cemex ADR reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Cemex ADR announced earnings per share of $0.13 on revenue of $3.77B. Analysts polled by Investing.com anticipated EPS of $0.0725 on revenue of $3.61B.
Cemex ADR shares are down 36.73% from the beginning of the year and are trading at $4.570 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Cemex ADR shares gained 6.53% 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 Vale ADR on Wednesday, who reported EPS of $0.93 on revenue of $10.81B, compared to forecasts EPS of $0.9476 on revenue of $12.09B.
Sherwin-Williams had beat expectations on Tuesday with first quarter EPS of $1.61 on revenue of $5B, compared to forecast for EPS of $1.54 on revenue of $4.91B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar