Investing.com - Industrias Bachoco ADR reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Industrias Bachoco ADR announced earnings per share of Mex$0.24 on revenue of Mex$26.43M. Analysts polled by Investing.com anticipated EPS of Mex$1.1 on revenue of Mex$1.21B.
Industrias Bachoco ADR shares are up 5.43% from the beginning of the year and are trading at Mex$44.81 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Industrias Bachoco ADR shares lost 0.09% in after-hours trade the report.
Industrias Bachoco ADR follows other major Consumer Staples sector earnings this month
Industrias Bachoco ADR's report follows an earnings beat by Coca-Cola on Tuesday, who reported EPS of Mex$0.7 on revenue of Mex$11.33B, compared to forecasts EPS of Mex$0.6693 on revenue of Mex$10.54B.
PepsiCo had beat expectations on Tuesday, July 12, 2022 with second quarter EPS of Mex$1.86 on revenue of Mex$20.23B, compared to forecast for EPS of Mex$1.74 on revenue of Mex$19.51B.
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