Fomento Economico Mexicano SAB (FMX) to Release Earnings on Tuesday

Fomento Economico Mexicano SAB (NYSE:FMX) will be issuing its quarterly earnings data after the market closes on Tuesday, February 27th. Analysts expect the company to announce earnings of $1.08 per share for the quarter.

Fomento Economico Mexicano SAB (NYSE FMX) opened at $93.92 on Friday. The company has a quick ratio of 1.55, a current ratio of 1.88 and a debt-to-equity ratio of 0.36. Fomento Economico Mexicano SAB has a fifty-two week low of $80.39 and a fifty-two week high of $103.82. The stock has a market capitalization of $33,703.31, a PE ratio of 13.21, a PEG ratio of 1.62 and a beta of 0.52.

Several equities analysts recently weighed in on the company. ValuEngine upgraded Fomento Economico Mexicano SAB from a “buy” rating to a “strong-buy” rating in a research note on Monday, February 5th. Zacks Investment Research lowered Fomento Economico Mexicano SAB from a “hold” rating to a “sell” rating in a research note on Monday, February 5th. Finally, Credit Suisse Group lowered Fomento Economico Mexicano SAB from an “outperform” rating to a “neutral” rating in a research note on Wednesday, December 20th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, four have given a buy rating and two have issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $114.40.

ILLEGAL ACTIVITY WARNING: This report was first reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are viewing this report on another domain, it was copied illegally and reposted in violation of U.S. & international copyright law. The correct version of this report can be accessed at https://www.dispatchtribunal.com/2018/02/25/fomento-economico-mexicano-sab-fmx-to-release-earnings-on-tuesday.html.

Fomento Economico Mexicano SAB Company Profile

Fomento Economico Mexicano, SAB. de C.V. (FEMSA) is a holding company. The Company’s segments are Coca-Cola FEMSA, FEMSA Comercio-Retail Division and FEMSA Comercio-Fuel Division. The Company conducts its operations through holding companies, such as Coca-Cola FEMSA, SAB. de C.V. and subsidiaries (Coca-Cola FEMSA), which produces, distributes and sells beverages; FEMSA Comercio, SA de C.V.

Earnings History for Fomento Economico Mexicano SAB (NYSE:FMX)

Receive News & Ratings for Fomento Economico Mexicano SAB Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fomento Economico Mexicano SAB and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply