Earnings Review -- CEMEX

LONDON, July 23, 2014 /PRNewswire/ --

Investor-Edge.com has issued free post-earnings coverage on CEMEX S.A.B. de C.V. (NYSE: CX) as the company recently featured in the headlines on Friday, July 18, 2014, for reporting its first quarterly profit since 2009 in the second quarter of 2014, beating market expectations. Our free coverage report can be accessed at:

http://www.investor-edge.com/register

Earnings Overview 

During Q2 2014, CEMEX S.A.B. de C.V. reported a 4% year-on-year rise in its consolidated quarterly revenue to $4.2 billion, while the operating EBITDA improved by 1% year-on-year during the quarter to $737 million. During this period, the company also reported a decline in sales in Mexico and Asia compared to the second quarter of 2013, while sales in the United States, Northern Europe, and the Mediterranean region improved. The Mexican building materials company's sales in South, Central America and the Caribbean remained flat as opposed to the same period in 2013. The free research on CX can be downloaded as in PDF format at:

http://www.Investor-Edge.com/CXFreeResearchReport  

Fernando A. González, CEMEX's Chief Executive Officer, stated that he was pleased with the year-to-date trends in volumes of the company's three core products and the success of value-before-volume strategy. He expects the company's Mexican operations to improve during the second half of the year, leading to a stronger EBITDA for the full year 2014.

The company outperformed market expectations by reporting better-than-expected consolidated controlling interest net income for the second quarter 2014. Consolidated controlling interest net income improved to $76 million from a loss of $152 million in the comparable prior year quarter, beating Bloomberg consensus net income estimate of $37.87 million. During the quarter, the global building materials giant reported a positive free cash flow after maintenance capital expenditures of $63 million compared with a negative free cash flow of $86 million in the same quarter of FY 2013. Sign up and read the free analyst's notes on CX at:

http://www.Investor-Edge.com/CX-23Jul2014  

Stock Performance 

On Friday, July 18, 2014, after the earnings release, CEMEX S.A.B. de C.V.'s shares gained 2.56% to close the session at $13.22. At the last close, on Tuesday, July 22, 2014, CEMEX's shares rose marginally, finishing the day 0.08% higher at $13.05. The company's shares vacillated between $12.98 and $13.18 during the trading session. A total of 12.37 million shares were traded, which was above its three months average volume of 9.49 million shares. CEMEX S.A.B. de C.V.'s shares have gained 1.24% in the previous three trading sessions, 5.24 % in the last three months and 14.73% on YTD basis. The company's shares are trading at their 50-day moving average and above the 200-day moving average of $11.93. The stock has a Relative Strength Index (RSI) of 45.65. Visit Investor-Edge and access the latest research on CX at:

http://www.Investor-Edge.com/CXEarningsCoverage    

Sneak Peek to Corporate Insider Trading 

In the last one month, the company has not reported any share transactions by insiders to the U.S. Securities and Exchange Commission (SEC). Free in depth research on CX is available at:

http://www.Investor-Edge.com/CXCorporateInsiderTrading  

About Investor-Edge.com 

At Investor-Edge, we provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Investor-Edge comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.

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EDITOR'S NOTES:

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1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

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3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

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