Cementos Pacasmayo S.A.A. (NYSE:CPAC) is expected to report third quarter earnings results, after market close, on Tuesday 27th October 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.04 per share.
Looking ahead, the full year income are expected at $ 0.28 per share on the revenues of $ 336.88 million.
Previous Quarter Performance
Cementos Pacasmayo S.A.A. reported loss for the second quarter of $ 0.03 per share, from the revenue of $ 32.33 million. The quarterly revenues fell 65.77 percent compared with the same quarter last year. Wall street analysts are predicting, CPAC to report 2Q20 loss of $ 0.02 per share from revenue of $ 130.00 million. The bottom line results missed street analysts by $ 0.01 or 50 percent, at the same time, top line results fell short of analysts by $ 97.67 million or 75.13 percent.
Stock Performance
Shares of Cementos Pacasmayo S.A.A. traded up $ 0.00 or 0.00 percent on Friday, reaching $ 7.70 with volume of 0.00 thousand shares. Cementos Pacasmayo S.A.A. has traded high as $ 7.70 and has cracked $ 7.58 on the downward trend
According to the previous trading day, closing price of $ 7.70, representing a 38.99 % increase from the 52 week low of $ 5.54 and a 21.35 % decrease over the 52 week high of $ 9.79.
The company has a market capital of $ 659.28 million and is part of the Basic Materials sector and Building Materials industry.
Cementos Pacasmayo S.A.A., a cement company, produces, distributes, and sells cement and cement-related materials in the northern region of Peru. The company operates in three segments: Cement, Concrete and Precast; Quicklime; and Sales of Construction Supplies. It produces cement for various uses, such as residential and commercial construction, and civil engineering; ready-mix concrete used in large construction sites; concrete blocks, such as paving units or paver stones for pedestrian walkways, as well as other bricks for partition walls and concrete blocks for structural and non-structural uses; and cement based products, including assembly gravity walls, precast beams, sheet piles, and others.
