Fomento Economico Mexicano (FMX), or FEMSA, reported Q4 net income Thursday of 10.96 billion Mexican pesos ($537.3 million), up from 6.15 billion pesos a year earlier.
Analysts polled by FactSet expected 10.23 billion pesos.
Revenue for the quarter was 208.31 billion pesos, up from 184.73 billion pesos a year earlier.
Analysts surveyed by FactSet expected 200.49 billion pesos.
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