Fomento Economico Mexicano (FMX) Projected to Post Earnings on Wednesday

Fomento Economico Mexicano (NYSE:FMXGet Free Report) is anticipated to release its Q2 2025 earnings data before the market opens on Wednesday, July 23rd. Analysts expect the company to announce earnings of $1.07 per share and revenue of $216.71 billion for the quarter.

Fomento Economico Mexicano (NYSE:FMXGet Free Report) last issued its quarterly earnings data on Monday, April 28th. The company reported $0.45 EPS for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.07). Fomento Economico Mexicano had a return on equity of 7.86% and a net margin of 3.98%. The business had revenue of $9.65 billion during the quarter, compared to the consensus estimate of $194.75 billion. On average, analysts expect Fomento Economico Mexicano to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Fomento Economico Mexicano Price Performance

FMX opened at $98.22 on Wednesday. Fomento Economico Mexicano has a 1 year low of $81.08 and a 1 year high of $119.18. The firm has a market capitalization of $35.14 billion, a PE ratio of 21.97, a price-to-earnings-growth ratio of 3.10 and a beta of 0.65. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.64 and a quick ratio of 1.31. The business’s 50-day moving average is $103.99 and its two-hundred day moving average is $97.09.

Fomento Economico Mexicano Increases Dividend

The company also recently announced a — dividend, which will be paid on Monday, July 28th. Shareholders of record on Thursday, July 17th will be paid a $1.3625 dividend. This represents a yield of 2%. This is an increase from Fomento Economico Mexicano’s previous — dividend of $0.73. The ex-dividend date is Thursday, July 17th. Fomento Economico Mexicano’s dividend payout ratio (DPR) is 11.41%.

Hedge Funds Weigh In On Fomento Economico Mexicano

A hedge fund recently raised its stake in Fomento Economico Mexicano stock. AQR Capital Management LLC grew its stake in Fomento Economico Mexicano S.A.B. de C.V. (NYSE:FMXFree Report) by 19.0% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 6,072 shares of the company’s stock after acquiring an additional 969 shares during the period. AQR Capital Management LLC’s holdings in Fomento Economico Mexicano were worth $593,000 as of its most recent filing with the SEC. 61.00% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms recently commented on FMX. Barclays lifted their target price on shares of Fomento Economico Mexicano from $102.00 to $108.00 and gave the stock an “equal weight” rating in a research note on Monday, May 12th. Itau BBA Securities upgraded shares of Fomento Economico Mexicano from a “market perform” rating to an “outperform” rating in a research report on Monday, April 7th. Wall Street Zen cut Fomento Economico Mexicano from a “buy” rating to a “hold” rating in a research report on Wednesday, April 30th. Finally, UBS Group upped their price target on shares of Fomento Economico Mexicano from $112.00 to $115.00 and gave the stock a “neutral” rating in a research report on Thursday, July 10th. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $107.45.

Check Out Our Latest Stock Report on Fomento Economico Mexicano

About Fomento Economico Mexicano

(Get Free Report)

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.

Further Reading

Earnings History for Fomento Economico Mexicano (NYSE:FMX)

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