Investing.com - Fomento Economico Mexicano reported on Monday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Fomento Economico Mexicano announced earnings per share of Mex$15.12 on revenue of Mex$130.3B. Analysts polled by Investing.com anticipated EPS of Mex$14.49 on revenue of Mex$129.28B.
Fomento Economico Mexicano shares are down 9.59% from the beginning of the year and are trading at Mex$68.50 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Fomento Economico Mexicano follows other major Consumer/Non-Cyclical sector earnings this month
Fomento Economico Mexicano's report follows an earnings beat by Coca-Cola on Wednesday, February 10, 2021, who reported EPS of Mex$0.47 on revenue of Mex$8.6B, compared to forecasts EPS of Mex$0.4184 on revenue of Mex$8.6B.
PepsiCo had beat expectations on Thursday, February 11, 2021 with fourth quarter EPS of Mex$1.47 on revenue of Mex$22.46B, compared to forecast for EPS of Mex$1.46 on revenue of Mex$21.8B.
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