Industrias Bachoco SAB: Q4 Earnings Insights

Industrias Bachoco SAB IBA reported its Q4 earnings results on Thursday, February 3, 2022 at 05:00 PM.

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

Industrias Bachoco SAB beat estimated earnings by 10.53%, reporting an EPS of $0.63 versus an estimate of $0.57, which surprised analysts.

Revenue was up $117.30 million from the same period last year.

Last quarter the company beat on EPS by $0.03, which was followed by a 0.23% drop in the share price the next day.

Here's a look at Industrias Bachoco SAB's past performance:

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	0.79	0.83	0.60	0.60
EPS Actual	0.82	1.48	2.06	0.73
Revenue Estimate	958.00M	955.00M	849.00M	849.00M
Revenue Actual	980.10M	1.05B	948.00M	918.70M

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