The company’s shares fell 1.4% on the day of the release, closing at $8.30.
Earnings Report Analysis
Revenue and EPS Performance
Cementos Pacasmayo S.A. reported a revenue of $140.30 million for the quarter, which fell short of the consensus estimate of $141.04 million. This represents a decline of 0.9% compared to the same quarter last year. The company’s earnings per share (EPS) was $0.15, which missed the analysts’ consensus estimate of $0.18 by $0.03. Key points to consider:
- Revenue decline of 9% compared to the same quarter last year
- EPS missed the consensus estimate by $03
- Revenue fell short of the consensus estimate by $74 million
- The Peruvian cement market is valued at approximately $5 billion. The country produces over 10 million tons of cement annually. The demand for cement in Peru is expected to grow at a CAGR of 5% from 2023 to ## Cementos Pacasmayo S.A. – A Leading Player*
- Cementos Pacasmayo S.A. was founded in The company has a production capacity of over 2 million tons of cement per year.
(CMTS)
Introduction
Cementos Pacasmayo S.A. (CMTS) is a Peruvian cement company that has been a major player in the country’s construction industry for decades. However, with the rise of new competitors and changing market conditions, the company’s stock has been facing challenges. In this article, we will explore five alternative stocks that we believe are better positioned for long-term growth and success.
Stock 1: Grupo Bimbo S.A.B. de C.V. (BMI)
- Industry: Consumer Goods
- Market Capitalization: $4 billion
- Dividend Yield: 3%
- Growth Rate: 10% (5-year average)
Grupo Bimbo is a Mexican multinational bakery company that has been a leader in the industry for over 100 years. With a strong brand portfolio and a presence in over 40 countries, Grupo Bimbo is well-positioned to benefit from the growing demand for baked goods.
Stock Performance
The company’s shares fell 1.4% on the day of the release, closing at $8.30.
The company has a strong presence in the Peruvian market, with a significant share of the market.
The Cement Industry in Peru
Peru is a significant player in the global cement industry, with a large and growing market. The country’s rich mineral resources, favorable climate, and strategic location make it an attractive destination for cement manufacturers.
Key Statistics
Cementos Pacasmayo S.A. – A Leading Player
Cementos Pacasmayo S.A. is one of the leading cement manufacturers in Peru.