Wal-Mart de Mexico SAB de CV (WMMVY) Expected to Announce Quarterly Earnings on Thursday

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) is projected to release its results before the market opens on Thursday, February 12th. Analysts expect Wal-Mart de Mexico SAB de CV to post earnings of $0.52 per share and revenue of $15.4829 billion for the quarter.

Wal-Mart de Mexico SAB de CV Trading Down 1.1%

Shares of WMMVY opened at $32.09 on Thursday. The company has a current ratio of 0.95, a quick ratio of 0.34 and a debt-to-equity ratio of 0.37. Wal-Mart de Mexico SAB de CV has a one year low of $25.41 and a one year high of $35.78. The company’s fifty day moving average price is $32.41 and its 200 day moving average price is $31.67.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on WMMVY. Barclays lowered Wal-Mart de Mexico SAB de CV from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 2nd. Morgan Stanley lowered Wal-Mart de Mexico SAB de CV to an “underweight” rating in a report on Wednesday, January 28th. Two research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce”.

About Wal-Mart de Mexico SAB de CV

Wal-Mart de México SAB de CV (OTCMKTS: WMMVY) is a leading Mexican retail company that operates a broad array of retail formats focused on serving everyday consumer needs. Its core activities include operating supermarkets, discount stores, membership warehouse clubs and related retail formats that sell groceries, perishables, household goods, apparel, electronics and general merchandise. The company also provides associated services commonly found in large retail chains, such as in-store pharmacies, basic financial and payment services, and e-commerce fulfillment to meet growing online demand.

The company’s operations are centered in Mexico and extend into several countries in Central America, where it serves urban and suburban consumers through a mix of neighborhood discount outlets, larger full-service supermarkets and membership-based warehouse clubs.