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.
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.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
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.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
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.
The full year's average estimate for revenue is $15.34 billion. The average EPS estimate is -$0.45.
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.
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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 of Motley 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.