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

Cementos Pacasmayo S.A.A. (NYSE:CPAC) released its earnings results on Monday. The construction company reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $193.78 million during the quarter, compared to analyst estimates of $182.39 million.

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

NYSE CPAC opened at $12.79 on Tuesday. The company has a quick ratio of 0.50, a current ratio of 1.22 and a debt-to-equity ratio of 0.59. Cementos Pacasmayo S.A.A. has a 52 week low of $6.25 and a 52 week high of $12.87. The stock has a market capitalization of $1.08 billion, a PE ratio of 17.76 and a beta of 0.76. The firm has a 50 day moving average of $12.34 and a two-hundred day moving average of $11.29.

Analyst Ratings Changes

CPAC has been the topic of several recent research reports. Scotiabank upped their price target on 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 upgraded Cementos Pacasmayo S.A.A. to a “buy” rating in a research note on Saturday, August 1st. Finally, Weiss Ratings raised Cementos Pacasmayo S.A.A. from a “hold (c+)” rating to a “buy (b)” rating in a research report on Wednesday, October 21st. One research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, Cementos Pacasmayo S.A.A. currently has an average rating of “Hold” and an average price target of $13.00.

About Cementos Pacasmayo S.A.A.

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.