Fomento Economico Mexicano SAB de CV reports results for the quarter ended June 30 - Earnings Summary

About this update from Fomento Economico Mexicano Sab De Cv Units Cons. Of 5 Shsb

Fomento Economico Mexicano SAB de CV BMV:FEMSA/UB reported quarterly adjusted earnings of 40 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $2.54. The mean expectation of five analysts for the quarter was for earnings of $1.26 per share. Wall Street expected results to range from $1.03 to $1.51 per share.Revenue fell 5.9% to $10.85 billion from a year ago; analysts expected $11.22 billion. Fomento Economico Mexicano SAB de CV's reported EPS for the quarter was 40 cents​.The company reported quarterly net income of $287.09 million.Fomento Economico Mexicano SAB de CV shares had fallen by 4.3% this quarter and gained 15.9% so far this year.FORECAST CHANGESThe mean earnings estimate of analysts had risen by about 1.5% in the last three months.​ In the last 30 days, three analysts negatively revised earnings estimatesRECOMMENDATIONSThe current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the food retail & distribution peer group is also "buy" Wall Street's median 12-month price target for Fomento Economico Mexicano SAB de CV is $119.00, about 17.1% above its last closing price of $98.60This summary was machine generated from LSEG data July 28 at 03:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact )QUARTER ENDINGESTIMATE ACTUALBEAT, MET, MISSEDJun. 30 2025 1.260.40MissedMar. 31 2025 0.630.79BeatDec. 31 2024 1.581.53MissedSep. 30 2024 1.091.36Beat

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