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Stock impact report

FEMSA Q1 Earnings Approaching: What Should Investors Know? [Yahoo! Finance]

Fomento Economico Mexicano S.A.B. de C.V. (FMX) 
Last fomento economico mexicano s.a.b. de c.v. earnings: 10/26 05:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.femsa.com
Company Research Source: Yahoo! Finance
The company is likely to have witnessed top and bottom-line growth in the quarter under review. The Zacks Consensus Estimate for FMX's first-quarter revenues is pegged at $11.76 billion, indicating growth of 22.7% from the year-ago quarter's reported figure. The consensus estimate for FMX's quarterly earnings of 56 cents per share suggests a rise of 24.4% from the year-earlier quarter. The consensus estimate for earnings has moved down 5.1% in the past seven days. In the last reported quarter, the company delivered a negative earnings surprise of 38.7%. It has delivered a negative earnings surprise of 30.7% in the trailing four quarters, on average. Key Factors to Influence FMX's Q1 Results FEMSA's quarterly results are likely to reflect gains from growth across its business units, backed by effective growth strategies and its investments in digital and technology-driven initiatives. FEMSA has been gaining pace in the digital space through its tech and innovation business un Show less Read more
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