Cemex (CX) reported better-than-expected third-quarter earnings as improving demand and higher prices in Mexico, along with cost reductions, helped the cement producer overcome continued weakness in the U.S. market. Operating earnings before interest, taxes, depreciation a
Cemex (CX) reported better-than-expected third-quarter earnings as improving demand and higher prices in Mexico, along with cost reductions, helped the cement producer overcome continued weakness in the U.S. market.
Operating earnings before interest, taxes, depreciation and amortization rose 12% to $990 million, surpassing analysts’ consensus estimate
Revenue
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