Investing.com - Cemex ADR reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Cemex ADR announced earnings per share of $0.06 on revenue of $3.54B. Analysts polled by Investing.com anticipated EPS of $0.0207 on revenue of $3.29B.
Cemex ADR shares are up 23.6% from the beginning of the year, still down 5.05% from its 52 week high of $6.73 set on January 21. They are outperforming the EUR/USD which is down 0% from the start of the year.
Cemex ADR follows other major Capital Goods sector earnings this month
Cemex ADR's report follows an earnings beat by ASML ADR on January 20, who reported EPS of $3.91 on revenue of $5.15B, compared to forecasts EPS of $2.97 on revenue of $4.49B.
Honeywell had beat expectations on January 29 with fourth quarter EPS of $2.07 on revenue of $8.9B, compared to forecast for EPS of $2 on revenue of $8.4B.
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