Fomento Economico Mexicano SAB de CV FMX.N, FMX is expected to show a fall in quarterly revenue when it reports results on October 28 for the period ending September 30 2024
The Monterrey Nuevo Leon-based company is expected to report a 3.9% decrease in revenue to $10.594 billion from $11.03 billion a year ago, according to the mean estimate from 3 analysts, based on LSEG data.
LSEG's mean analyst estimate for Fomento Economico Mexicano SAB de CV is for earnings of $1.09 per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Fomento Economico Mexicano SAB de CV is $138.00, above its last closing price of $96.54.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Jun. 30 2024 | 1.37 | 1.34 | 2.54 | Beat | 88.7 |
Mar. 31 2024 | 1.03 | 0.99 | 0.97 | Missed | -2.7 |
Dec. 31 2023 | 1.57 | 1.61 | 0.09 | Missed | -94.4 |
Sep. 30 2023 | 1.40 | 1.40 | 1.59 | Beat | 13.9 |
Jun. 30 2023 | 0.92 | 0.92 | 0.97 | Beat | 5.9 |
Mar. 31 2023 | 1.21 | 1.35 | 1.46 | Beat | 8 |
Jan. 1 0001 | 1.25 | 1.26 | 0.68 | Missed | -46 |
Sep. 30 2022 | 1.00 | 0.98 | 1.48 | Beat | 51.6 |
This summary was machine generated October 25 at 13:13 GMT. 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 RefinitivNewsSupport@thomsonreuters.com)