Cemex (NYSE:CX) Announces Earnings Results, Beats Expectations By $0.04 EPS

Cemex (NYSE:CX) released its earnings results on Thursday. The construction company reported $0.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.04, Zacks reports. Cemex had a net margin of 2.74% and a return on equity of 3.62%. The firm had revenue of $4.02 billion during the quarter, compared to the consensus estimate of $3.86 billion.

Here are the key takeaways from Cemex’s conference call:

• Record quarterly EBITDA of $794 million, a 34% increase, with EBITDA margin expanding over 300 basis points and trailing‑12‑month free cash flow conversion rising to 51% after adjustments.
• Management warned of rising energy costs — they now expect energy cost per ton to increase at a mid‑ to high‑single‑digit rate in 2026 — even though about 60% of 2026 energy exposure is hedged and operations retain fuel‑mix flexibility.
• Continued portfolio rebalancing — announced Colombia divestitures (~$485M plus ~$70M of related assets), closed the accretive Omega acquisition (stucco/mortar) with significant synergies, and executed ~$100M of buybacks plus a ~40% dividend increase.
• Project Cutting Edge is delivering durable savings (incremental $60M this quarter) with another $105M expected this year toward a $400M goal that management plans to upscale, supporting structural margin and cash‑flow improvement.
• Despite strong Q1 execution, management kept full‑year EBITDA guidance unchanged due to geopolitical and pricing visibility concerns, while affirming confidence in meeting the guidance if transformation levers continue to perform.

Cemex Trading Down 1.1%

CX opened at $12.37 on Friday. The stock has a market capitalization of $17.92 billion, a PE ratio of 38.65 and a beta of 1.60. The firm’s fifty day moving average price is $11.55 and its 200 day moving average price is $11.28. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.83 and a quick ratio of 0.62. Cemex has a 12-month low of $5.57 and a 12-month high of $13.35.

Cemex Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Investors of record on Wednesday, March 11th were issued a $0.0225 dividend. This is a boost from Cemex’s previous quarterly dividend of $0.02. This represents a $0.09 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Wednesday, March 11th. Cemex’s dividend payout ratio is currently 13.64%.

Institutional Trading of Cemex

Several institutional investors have recently added to or reduced their stakes in the business. Ameriprise Financial Inc. boosted its holdings in shares of Cemex by 0.4% during the third quarter. Ameriprise Financial Inc. now owns 319,835 shares of the construction company’s stock worth $2,875,000 after purchasing an additional 1,221 shares during the period. Ieq Capital LLC boosted its holdings in shares of Cemex by 7.6% during the fourth quarter. Ieq Capital LLC now owns 19,598 shares of the construction company’s stock worth $225,000 after purchasing an additional 1,380 shares during the period. Mercer Global Advisors Inc. ADV boosted its holdings in shares of Cemex by 3.3% during the third quarter. Mercer Global Advisors Inc. ADV now owns 43,093 shares of the construction company’s stock worth $387,000 after purchasing an additional 1,389 shares during the period. WealthCollab LLC boosted its holdings in shares of Cemex by 73.7% during the second quarter. WealthCollab LLC now owns 3,724 shares of the construction company’s stock worth $26,000 after purchasing an additional 1,580 shares during the period. Finally, MML Investors Services LLC boosted its holdings in shares of Cemex by 7.8% during the fourth quarter. MML Investors Services LLC now owns 24,652 shares of the construction company’s stock worth $283,000 after purchasing an additional 1,783 shares during the period. Institutional investors own 82.97% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on CX shares. Scotiabank boosted their target price on shares of Cemex from $13.90 to $14.10 and gave the company an “outperform” rating in a report on Friday, April 10th. Morgan Stanley upgraded shares of Cemex from an “equal weight” rating to an “overweight” rating and set a $14.00 target price for the company in a report on Monday, March 23rd. HSBC downgraded shares of Cemex from a “buy” rating to a “hold” rating and set a $12.80 target price for the company. in a report on Friday, February 6th. Wall Street Zen upgraded shares of Cemex from a “buy” rating to a “strong-buy” rating in a report on Saturday. Finally, Zacks Research cut shares of Cemex from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 9th. Six investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $12.77.

Cemex Company Profile

Cemex (NYSE: CX) is a global building materials company headquartered in Monterrey, Mexico. The company produces, distributes and sells cement, ready-mix concrete and aggregates, as well as related building materials, to construction markets in more than 50 countries. Cemex’s product portfolio also includes asphalt and mortar mixes, waste-derived fuels and other complementary construction solutions, supported by a network of production facilities, distribution centers and logistics operations.

Founded in 1906 as Cementos Hidalgo, the company adopted the Cemex name in 1976 following a series of domestic mergers and expansions.