Fomento Económico Mexicano (FMX) Expected to Announce Earnings on Monday

Fomento Económico Mexicano (NYSE:FMX - Get Free Report) is anticipated to post its Q1 2025 quarterly earnings results before the market opens on Monday, April 28th. Analysts expect Fomento Económico Mexicano to post earnings of $0.73 per share and revenue of $194.75 billion for the quarter.

Fomento Económico Mexicano (NYSE:FMX - Get Free Report) last released its quarterly earnings results on Thursday, February 27th. The company reported $0.46 earnings per share for the quarter, missing analysts' consensus estimates of $1.51 by ($1.05). The firm had revenue of $9.99 billion for the quarter, compared to the consensus estimate of $201.67 billion. Fomento Económico Mexicano had a net margin of 3.22% and a return on equity of 8.37%. On average, analysts expect Fomento Económico Mexicano to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Fomento Económico Mexicano Stock Performance

Shares of NYSE:FMX traded down $0.20 during midday trading on Friday, reaching $105.71. The company had a trading volume of 219,345 shares, compared to its average volume of 573,518. The stock has a market cap of $37.82 billion, a P/E ratio of 27.09, a P/E/G ratio of 5.26 and a beta of 0.68. The company has a current ratio of 1.62, a quick ratio of 1.32 and a debt-to-equity ratio of 0.37. Fomento Económico Mexicano has a 52-week low of $81.07 and a 52-week high of $123.09. The company's 50 day moving average price is $97.46 and its 200 day moving average price is $92.40.

Fomento Económico Mexicano Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, May 5th. Investors of record on Friday, April 25th will be paid a dividend of $1.628 per share. This is a boost from Fomento Económico Mexicano's previous dividend of $0.92. This represents a dividend yield of 1.57%. The ex-dividend date of this dividend is Thursday, April 24th. Fomento Económico Mexicano's dividend payout ratio is presently 11.75%.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. The Goldman Sachs Group lowered their price target on Fomento Económico Mexicano from $109.00 to $97.80 and set a "buy" rating on the stock in a report on Tuesday, January 28th. UBS Group lifted their target price on shares of Fomento Económico Mexicano from $94.00 to $107.00 and gave the company a "neutral" rating in a research report on Friday, March 14th. Barclays upped their target price on shares of Fomento Económico Mexicano from $99.00 to $102.00 and gave the stock an "equal weight" rating in a research report on Tuesday, March 4th. Finally, Itau BBA Securities upgraded Fomento Económico Mexicano from a "market perform" rating to an "outperform" rating in a research report on Monday, April 7th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $103.95.

About Fomento Económico Mexicano

Fomento Económico Mexicano, SAB. de C.V., through its subsidiaries, operates as a bottler of Coca-Cola trademark beverages. The company produces, markets, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Venezuela, Brazil, Argentina, and Uruguay.