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

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) is projected to release its results after the market closes on Wednesday, July 22nd. Analysts expect the company to announce earnings of $0.35 per share and revenue of $14.3298 billion for the quarter.

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.01). Wal-Mart de Mexico SAB de CV had a net margin of 4.94% and a return on equity of 22.98%. The company had revenue of $13.94 billion during the quarter, compared to analyst estimates of $14.27 billion. On average, analysts expect Wal-Mart de Mexico SAB de CV to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Wal-Mart de Mexico SAB de CV Stock Performance

OTCMKTS WMMVY opened at $28.31 on Monday. The company has a market capitalization of $48.98 billion, a price-to-earnings ratio of 18.15, a price-to-earnings-growth ratio of 1.87 and a beta of 0.64. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.97 and a quick ratio of 0.33. Wal-Mart de Mexico SAB de CV has a 12 month low of $27.26 and a 12 month high of $35.47. The company’s fifty day moving average price is $29.98 and its two-hundred day moving average price is $31.64.

Analyst Upgrades and Downgrades

Separately, Santander cut shares of Wal-Mart de Mexico SAB de CV to a “neutral” rating in a research report on Monday, April 20th. Three equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to 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.