CPAC Earnings

CPAC reported its FY2024Q2 earnings on 2024-07-22, showcasing a revenue of 457.00M against an estimate of 462.00M, resulting in a -1.06% surprise. The EPS was 0.12, surpassing the expected 0.13 by -7.69% . The stock experienced a -0.18% price change on the earnings day and a 3.06% change over the next five days, reflecting market reactions to the results.

Following CPAC's FY2024Q2 earnings announcement on 2024-07-22, the stock price moved by -0.18% on the day of the release. Over the subsequent five days, it saw a 3.06% change. Historically, CPAC's stock price tends to shift by an average of +0.77% in the 10 days leading up to earnings and +3.28% in the 10 days following, providing insight into potential market.

For , analysts estimate CPAC’s annual revenue to reach , while the EPS is projected at 0.00. These estimates reflect recent revisions, with revenue estimates revised Revenue Revise Upward by 0.11% and EPS estimates Go Up by 51.44% over the past three months, indicating analyst expectation in the company’s performance.

The correlation between CPAC's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock’s fundamentals. Over the past three months, revenue estimates for FY2025 were Revise Upward by 0.11%, while EPS estimates moved Go Up by 51.44% . This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, CPAC's stock price typically moves by +0.77% in the 10 days before its earnings and +3.28% in the 10 days after. For the upcoming earnings, analysts expect an EPS of 0.00 and revenue of .

The earnings call highlights strong financial performance with increased sales volumes and net income, improved cost efficiency, and a positive outlook on infrastructure projects. Despite increased expenses, the company's net profit rose, and debt levels improved. The Q&A session revealed continued strong volume and margin expectations, with no significant electoral impact anticipated. The company's strategic focus on infrastructure and marketing investments suggests a positive sentiment, likely leading to a stock price increase over the next two weeks.