Recap: Fomento Economico Q4 Earnings

Fomento Economico FMX reported its Q4 earnings results on Friday, February 23, 2024 at 08:33 AM.

Here's what investors need to know about the announcement.

Fomento Economico missed estimated earnings by 9.32%, reporting an EPS of $1.46 versus an estimate of $1.61.

Revenue was up $1.33 billion from the same period last year.

Last quarter the company beat on EPS by $0.1 which was followed by a 1.8% increase in the share price the next day.

Here's a look at Fomento Economico's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	1.4	0.92	1.35	1.27
EPS Actual	1.5	1.33	1	1.73
Revenue Estimate	11.67B	11.58B	9.44B	9.08B
Revenue Actual	11.02B	11.21B	9.64B	9.49B

To track all earnings releases for Fomento Economico visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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