Fomento Econom Mexica earnings preview: what to expect
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 25 2024
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Source: Business Insider
- Earnings Report: Fomento Econom Mexica will report its latest earnings on April 26, with analysts expecting earnings per share of MXN 1.87.
- Quarterly Earnings: The company is set to release earnings for the most recent quarter on April 26.
- Analyst Estimates: 6 analysts predict that Fomento Econom Mexica will report earnings of MXN 1.87 per share, a decrease from MXN 13.44 per share in the same quarter last year.
- Revenue Expectations: Wall Street analysts anticipate the company to report MXN 180.74 billion, a 0.40% increase from the prior year quarter.
- Full-Year Projections: Analysts project a profit of MXN 9.97 per share for the full year, compared to a loss of MXN 18.36 per share in the previous year, with estimated revenue of MXN 793.30 billion versus MXN 702.69 billion in the prior year.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
