Investing.com - Industrias Bachoco ADR reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Industrias Bachoco ADR announced earnings per share of Mex$0.79 on revenue of Mex$876.42M. Analysts polled by Investing.com anticipated EPS of Mex$0.82 on revenue of Mex$802.5M.
Industrias Bachoco ADR shares are down 26.9% from the beginning of the year and are trading at Mex$38.01 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Industrias Bachoco ADR shares lost 0.65% in intra-day trade the report.
Industrias Bachoco ADR follows other major Consumer/Non-Cyclical sector earnings this month
Industrias Bachoco ADR's report follows an earnings beat by Procter&Gamble on Tuesday, October 20, 2020, who reported EPS of Mex$1.63 on revenue of Mex$19.32B, compared to forecasts EPS of Mex$1.42 on revenue of Mex$18.38B.
Coca-Cola had beat expectations on Thursday, October 22, 2020 with third quarter EPS of Mex$0.55 on revenue of Mex$8.7B, compared to forecast for EPS of Mex$0.46 on revenue of Mex$8.36B.
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