CPAC / Cementos Pacasmayo: Early 2023 Could Be Challenging (Rating Downgrade)

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Neverthe more_horizontal

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Neverthe more_horizontal

Cementos Pacasmayo S.A.A. (NYSE:CPAC ) Q1 2023 Results Conference Call April 27, 2023 11:00 AM ET Company Participants Claudia Bustamante - Investor R more_horizontal

The company finished 2022 on a strong note with Q4 sales and gross profit rising by 1.7% and 1.1% despite nationwide protests in Peru in December. How more_horizontal

Each region of Peru is controlled by a separate cement producer and Cementos Pacasmayo accounts for almost all sales in the northern region. In Decemb more_horizontal

CPAC is a cement manufacturer with a virtual monopoly in Peru's northern regions. The company has been posting record earnings fueled by record cement more_horizontal

Cementos Pacasmayo S.A.A. (NYSE:CPAC ) Q1 2022 Earnings Conference Call April 28, 2022 11:00 AM ET Company Participants Claudia Bustamante - Investor more_horizontal

Here is how Pacasmayo (CPAC) and Fluor (FLR) have performed compared to their sector so far this year. more_horizontal