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Stock impact report

Here's How FEMSA is Placed Just Ahead of Q3 Earnings Season [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-line growth in the quarter under review. The Zacks Consensus Estimate for FMX's third-quarter revenues is pegged at $11.17 billion, indicating growth of 7.3% from the year-ago quarter's reported figure. The consensus estimate for FMX's quarterly earnings of $1.06 per share indicates a 22.6% decline from the year-ago quarter's reported figure. The consensus estimate for earnings has moved up 2.8% in the past seven days. In the last reported quarter, the company delivered a negative earnings surprise of 53.9%. It has a negative trailing four-quarter earnings surprise of 33.7%, on average. Key Factors to Influence FMX's Q3 Results FEMSA has been experiencing growth across its business units, backed by effective growth strategies. The company has been making investments in digital and technology-driven initiatives, alongside seeing strength in OXXO Gas. FMX's solid growth prospects, driven by its strategy of creating a distribution pla Show less Read more
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