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 CHANGES
The 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 estimates
RECOMMENDATIONS
The 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 $98.60
This 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 Estimates.Support@lseg.com. For any other questions or feedback, contact )
QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Jun. 30 2025
1.26
0.40
Missed
Mar. 31 2025
0.63
0.79
Beat
Dec. 31 2024
1.58
1.53
Missed
Sep. 30 2024
1.09
1.36
Beat