Coca-Cola FEMSA (KOF) Expected to Announce Quarterly Earnings on Wednesday

Coca-Cola FEMSA (NYSE:KOF - Get Free Report) is projected to post its quarterly earnings results before the market opens on Wednesday, April 23rd. Analysts expect Coca-Cola FEMSA to post earnings of $1.37 per share and revenue of $3.44 billion for the quarter. Investors that are interested in registering for the company's conference call can do so using this link.

Coca-Cola FEMSA (NYSE:KOF - Get Free Report) last released its quarterly earnings data on Friday, February 21st. The company reported $1.73 EPS for the quarter, beating the consensus estimate of $1.51 by $0.22. The business had revenue of $3.76 billion during the quarter, compared to analyst estimates of $3.49 billion. Coca-Cola FEMSA had a net margin of 8.12% and a return on equity of 15.99%. On average, analysts expect Coca-Cola FEMSA to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Coca-Cola FEMSA Price Performance

Shares of NYSE KOF traded up $1.66 during mid-day trading on Friday, hitting $96.42. 133,698 shares of the company's stock traded hands, compared to its average volume of 176,287. The company has a market capitalization of $162.05 billion, a P/E ratio of 16.37, a PEG ratio of 0.62 and a beta of 0.58. Coca-Cola FEMSA has a 1 year low of $72.68 and a 1 year high of $102.28. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.14 and a quick ratio of 0.94. The company's 50-day moving average is $89.66 and its two-hundred day moving average is $83.70.

Coca-Cola FEMSA Increases Dividend

The business also recently announced a semi-annual dividend, which will be paid on Monday, May 5th. Stockholders of record on Tuesday, April 22nd will be issued a $0.8839 dividend. This is a boost from Coca-Cola FEMSA's previous semi-annual dividend of $0.74. The ex-dividend date of this dividend is Tuesday, April 22nd. This represents a dividend yield of 3.1%. Coca-Cola FEMSA's payout ratio is 12.66%.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. Barclays boosted their price objective on shares of Coca-Cola FEMSA from $99.00 to $105.00 and gave the company an "overweight" rating in a research report on Tuesday, March 4th. JPMorgan Chase & Co. raised their price objective on shares of Coca-Cola FEMSA from $107.00 to $110.00 and gave the stock an "overweight" rating in a research note on Friday, April 11th. Finally, StockNews.com downgraded Coca-Cola FEMSA from a "strong-buy" rating to a "buy" rating in a report on Friday, April 11th. Six equities research analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has a consensus rating of "Buy" and a consensus price target of $104.75.

Coca-Cola FEMSA Company Profile

Coca-Cola FEMSA, SAB. de C.V., a franchise bottler, produces, markets, sells, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Brazil, Argentina, and Uruguay. The company offers sparkling beverages, including colas and flavored sparkling beverages; waters; other non-carbonated beverages comprising juice drinks, coffee, teas, milk, value-added dairy products, sports and energy drinks, and plant-based drinks; and alcoholic beverages, such as hard seltzer under the Topo Chico brand name.