Coca-Cola FEMSA (KOF) to Release Earnings on Friday

Coca-Cola FEMSA (NYSE:KOF - Get Free Report) is projected to release its Q4 2024 earnings data before the market opens on Friday, February 21st. Analysts expect Coca-Cola FEMSA to post earnings of $1.51 per share and revenue of $3.49 billion for the quarter. Individual that wish to listen to the company's earnings 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 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.51 by $0.22. Coca-Cola FEMSA had a return on equity of 15.99% and a net margin of 8.12%. 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 Stock Performance

KOF traded up $2.63 during mid-day trading on Friday, reaching $87.57. 221,737 shares of the company traded hands, compared to its average volume of 191,309. The stock has a market capitalization of $147.18 billion, a P/E ratio of 14.87, a P/E/G ratio of 0.61 and a beta of 0.83. The company has a quick ratio of 0.94, a current ratio of 1.14 and a debt-to-equity ratio of 0.47. The company's fifty day moving average price is $78.64 and its 200-day moving average price is $82.89. Coca-Cola FEMSA has a 52-week low of $72.68 and a 52-week high of $102.28.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. StockNews.com upgraded Coca-Cola FEMSA from a "buy" rating to a "strong-buy" rating in a research note on Tuesday, November 5th. Barclays reduced their target price on shares of Coca-Cola FEMSA from $110.00 to $108.00 and set an "overweight" rating on the stock in a research report on Wednesday, October 30th. Finally, Citigroup raised shares of Coca-Cola FEMSA from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $93.00 to $102.00 in a report on Tuesday, October 29th. Six analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has an average 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.