Cemex Q1 GAAP EPS $0.08 Misses $0.10 Estimate, Sales $3.65B Miss $3.80B Estimate

Cemex (NYSE:CX) reported quarterly earnings of $0.08 per share which missed the analyst consensus estimate of $0.10 by 20 percent. This is a 50 percent decrease over earnings of $0.16 per share from the same period last year. The company reported quarterly sales of $3.65 billion which missed the analyst consensus estimate of $3.80 billion by 4.08 percent. This is a 7.43 percent decrease over sales of $3.94 billion the same period last year.