Coca-Cola FEMSA (KOF) Scheduled to Post Earnings on Friday

Coca-Cola FEMSA (NYSE:KOF - Get Free Report) is scheduled to be issuing its quarterly earnings data before the market opens on Friday, October 25th. Analysts expect the company to announce earnings of $1.50 per share for the quarter. Parties that wish to listen to the company's conference call can do so using this link.

Coca-Cola FEMSA (NYSE:KOF - Get Free Report) last announced its quarterly earnings results on Monday, July 22nd. The company reported $1.55 earnings per share for the quarter, meeting the consensus estimate of $1.55. The company had revenue of $4.03 billion during the quarter, compared to the consensus estimate of $3.76 billion. Coca-Cola FEMSA had a net margin of 8.16% and a return on equity of 16.23%. During the same quarter last year, the firm earned $1.32 earnings per share. 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 Up 0.1 %

Shares of KOF traded up $0.08 on Friday, hitting $86.92. 111,873 shares of the stock traded hands, compared to its average volume of 168,580. The company has a market capitalization of $146.08 billion, a PE ratio of 15.30, a P/E/G ratio of 0.71 and a beta of 0.86. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.87 and a current ratio of 1.05. The business has a 50 day simple moving average of $87.97 and a 200 day simple moving average of $90.08. Coca-Cola FEMSA has a one year low of $69.33 and a one year high of $104.38.

Coca-Cola FEMSA Cuts Dividend

The company also recently declared a semi-annual dividend, which will be paid on Friday, October 25th. Investors of record on Monday, October 14th will be given a dividend of $0.7811 per share. This represents a dividend yield of 2.6%. The ex-dividend date is Monday, October 14th. Coca-Cola FEMSA's dividend payout ratio (DPR) is currently 12.32%.

Wall Street Analysts Forecast Growth

KOF has been the subject of several analyst reports. The Goldman Sachs Group raised shares of Coca-Cola FEMSA from a "neutral" rating to a "buy" rating in a research report on Tuesday, September 3rd. UBS Group cut their target price on shares of Coca-Cola FEMSA from $112.00 to $102.00 and set a "buy" rating for the company in a research report on Wednesday, July 10th. Finally, Barclays lifted their target price on shares of Coca-Cola FEMSA from $105.00 to $110.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 31st. One research analyst has rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Coca-Cola FEMSA presently has an average rating of "Buy" and a consensus target price of $101.91.

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.