Fomento Economico Mexicano SAB de CV expected to post earnings of $1.58 a share - Earnings Preview

Reuters
02-25
<a href="https://laohu8.com/S/FMXUF">Fomento Economico Mexicano SAB</a> de CV <fmx.n> expected to post earnings of $1.58 a share - Earnings Preview </fmx.n>
  • Fomento Economico Mexicano SAB de CV FMX.N, FMX is expected to show a fall in quarterly revenue when it reports results on February 27 for the period ending December 31 2024

  • The Monterrey Nuevo Leon-based company is expected to report a 9.0% decrease in revenue to $9.846 billion from $10.82 billion a year ago, according to the mean estimate from 4 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Fomento Economico Mexicano SAB de CV is for earnings of $1.58 per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 5 "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 $121.00​, above​ its last closing price of $89.63. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

1.15

1.09

1.36

Beat

25.2

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

Dec. 31 2022

1.25

1.26

0.68

Missed

-46

This summary was machine generated February 25 at 14:31 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)

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