trending Market Intelligence /marketintelligence/en/news-insights/trending/ytOxhLAb0uMqPdq_PVK9uw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Nemak profit misses consensus by 26.6% in Q2

Complying with International Financial Reporting Standard IFRS 9

Industries Most and Least Impacted by COVID-19 from a Probability of Default Perspective – September 2020 Update

Gold RRS 2020 — Top Gold Producers' Reserves In Decline

Infrastructure Issues: Understanding and Mitigating Risks


Nemak profit misses consensus by 26.6% in Q2

Nemak SAB de CV said its normalized net income for the second quarter came to 37 Mexican centavos per share, compared with the S&P Capital IQ consensus estimate of 50 centavos per share.

EPS rose year over year from 35 centavos.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 1.10 billion pesos, an increase of 26.8% from 871.0 million pesos in the prior-year period.

The normalized profit margin climbed to 6.2% from 5.6% in the year-earlier period.

Total revenue climbed 14.4% year over year to 17.87 billion pesos from 15.63 billion pesos, and total operating expenses climbed 13.2% from the prior-year period to 15.87 billion pesos from 14.02 billion pesos.

Reported net income grew 36.9% year over year to 1.18 billion pesos, or 39 centavos per share, from 861.0 million pesos, or 35 centavos per share.

As of July 21, US$1 was equivalent to 15.97 Mexican pesos.