Fomento Económico Mexicano (FMX) Expected to Announce Quarterly Earnings on Monday

Fomento Económico Mexicano (NYSE:FMX) is projected to issue its Q1 2025 quarterly earnings data before the market opens on Monday, April 28th. Analysts expect Fomento Económico Mexicano to post earnings of $0.73 per share and revenue of $194.75 billion for the quarter.

Fomento Económico Mexicano (NYSE:FMX) last issued its quarterly earnings results on Thursday, February 27th. The company reported $0.46 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.51 by ($1.05). The business had revenue of $9.99 billion for the quarter, compared to analysts’ expectations of $201.67 billion. Fomento Económico Mexicano had a return on equity of 8.37% and a net margin of 3.22%. On average, analysts expect Fomento Económico Mexicano to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Fomento Económico Mexicano Price Performance

Shares of NYSE FMX opened at $106.63 on Friday. The firm has a market cap of $38.15 billion, a PE ratio of 27.34, a PEG ratio of 5.26 and a beta of 0.68. The firm has a fifty day moving average of $97.77 and a 200 day moving average of $92.41. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.32 and a current ratio of 1.62. Fomento Económico Mexicano has a one year low of $81.08 and a one year high of $123.09.

Fomento Económico Mexicano Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, May 5th. Stockholders of record on Friday, April 25th will be paid a $1.628 dividend. The ex-dividend date of this dividend is Thursday, April 24th. This is a positive change from Fomento Económico Mexicano’s previous dividend of $0.92. This represents a dividend yield of 1.57%. Fomento Económico Mexicano’s payout ratio is currently 11.75%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Barclays lifted their price objective on Fomento Económico Mexicano from $99.00 to $102.00 and gave the stock an “equal weight” rating in a research report on Tuesday, March 4th. The Goldman Sachs Group cut their target price on Fomento Económico Mexicano from $109.00 to $97.80 and set a “buy” rating on the stock in a research report on Tuesday, January 28th. Itau BBA Securities upgraded shares of Fomento Económico Mexicano from a “market perform” rating to an “outperform” rating in a report on Monday, April 7th. Finally, UBS Group increased their price target on Fomento Económico Mexicano from $94.00 to $107.00 and gave the company a “neutral” rating in a research report on Friday, March 14th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $103.95.

About Fomento Económico Mexicano

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.