Cemex posts Q3 earnings beat as EBITDA rises 12%
Cemex reported third-quarter 2026 revenue of $4.59B, up 8% year over year, and operating EBITDA of $990M, up 12%. Adjusted earnings were $0.28 per share versus a $0.24 estimate, while EBIT increased 19% to $652M. Free cash flow from operations reached a quarterly record of $723M, up 34%, with Mexico offsetting weaker U.S. performance.
Why it matters
The results show continued earnings and cash-flow momentum, but regional performance remains uneven, with U.S. EBITDA declining while Mexico grew. Cemex maintained its 2026 expectation for EBITDA growth of 16-17%, while management expects mid- to high-single-digit energy-cost inflation in 2027.
Key facts
- 1Cemex reported third-quarter 2026 net sales of $4.59 billion, up 8% on a reported basis, and operating EBITDA of $990 million, up 12%. investing.com
- 2Adjusted earnings were $0.28 per share versus analyst forecasts of $0.24. investing.com
- 3Free cash flow from operations was $723 million for the quarter, 34% above the prior year. investing.com
- 4Project Cutting Edge generated $180 million of year-to-date savings, equal to 80% of its $475 million total target. investing.com
- 5Cemex reaffirmed 2026 EBITDA growth guidance of 16-17%. finance.yahoo.com
- 6Trailing-12-month free cash flow from operations reached $2.2 billion, and net financial leverage fell to 1.8 times. finance.yahoo.com
Open questions
- The earnings-surprise amount differs across materials: one report says the result beat estimates by $0.07, while another gives a $0.24 estimate, implying a $0.04 beat against the same $0.28 result.
Summary written by AlphAI AI Desk from 10 of 10 sources. Not investment advice. Figures are as stated by the linked sources.