Cementos Pacasmayo S.A.A. (NYSE:CPAC) Releases Quarterly Earnings Results, Beats Estimates By $0.26 EPS

Key Points

• Cementos Pacasmayo beat quarterly estimates: The company reported $0.41 in earnings per share, $0.26 above consensus, while revenue reached $193.78 million versus expectations of $182.39 million.
• Shares rose 0.4% to $12.79 during Monday trading, near the stock’s 52-week high of $12.87. The company reported a 16.49% return on equity and a 9.42% net margin.
• Analyst sentiment remains cautious: Recent rating upgrades included a “buy” rating from Wall Street Zen and Weiss Ratings, but the overall consensus remains “Hold,” with a $13.00 price target.

Cementos Pacasmayo S.A.A. (NYSE:CPAC - Get Free Report) released its quarterly earnings data on Monday. The construction company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.26, FiscalAI reports. Cementos Pacasmayo S.A.A. had a return on equity of 16.49% and a net margin of 9.42%. The business had revenue of $193.78 million for the quarter, compared to analysts' expectations of $182.39 million.

Cementos Pacasmayo S.A.A. Stock Up 0.4%

Cementos Pacasmayo S.A.A. stock traded up $0.06 during midday trading on Monday, reaching $12.79. The stock had a trading volume of 35,763 shares, compared to its average volume of 23,161. The firm's fifty day simple moving average is $12.34 and its 200-day simple moving average is $11.29. Cementos Pacasmayo S.A.A. has a 1-year low of $6.25 and a 1-year high of $12.87. The stock has a market capitalization of $1.08 billion, a P/E ratio of 17.68 and a beta of 0.76. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.50 and a current ratio of 1.22.

Analyst Ratings Changes

CPAC has been the subject of several research reports. Scotiabank raised their price objective on shares of Cementos Pacasmayo S.A.A. from $12.80 to $13.00 and gave the stock a "sector perform" rating in a report on Tuesday, July 21st. Wall Street Zen raised shares of Cementos Pacasmayo S.A.A. to a "buy" rating in a research report on Saturday, August 1st. Finally, Weiss Ratings raised shares of Cementos Pacasmayo S.A.A. from a "hold (c+)" rating to a "buy (b)" rating in a research note on Wednesday, October 21st. One investment analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, Cementos Pacasmayo S.A.A. has a consensus rating of "Hold" and a consensus price target of $13.00.

Cementos Pacasmayo S.A.A. Company Profile

Cementos Pacasmayo SAA. is a Peru-based building materials company focused on the production, distribution and sale of cement and related construction products. Its portfolio includes cement, ready-mix concrete, concrete products, aggregates, mortar and other materials used in residential, commercial and infrastructure projects.

Founded in 1949, the company has developed an integrated production and distribution network serving northern and northeastern Peru. Its operations include cement manufacturing facilities in Pacasmayo and Rioja, as well as a cement plant in Piura, supporting distribution across the region through commercial, industrial and retail channels.

Cementos Pacasmayo is listed on the Lima Stock Exchange and its American depositary shares trade on the New York Stock Exchange under the symbol CPAC.

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