Fomento Economico Mexicano Earnings miss, Revenue beats In Q2

Fomento Economico Mexicano Earnings miss, Revenue beats In Q2
Credit: © Reuters. - Fomento Economico Mexicano reported second quarter earnings that missed analysts' expectations on Thursday and revenue that topped forecasts.

The firm reported earnings per share of Mex$14.67 on revenue of Mex$167.5B. Analysts polled by anticipated EPS of Mex$18.11 on revenue of Mex$153.88B. .

Fomento Economico Mexicano shares gained 0.02% to trade at Mex$62.57 in after-hours trade following the report.

Fomento Economico Mexicano follows other major Consumer Staples sector earnings this month

On Tuesday, Coca-Cola reported second quarter EPS of Mex$0.7 on revenue of Mex$11.33B, compared to forecasts of EPS of Mex$0.6693 on revenue of Mex$10.54B.

PepsiCo earnings beat analyst's expectations on Tuesday, July 12, 2022, with second quarter EPS of Mex$1.86 on revenue of Mex$20.23B. analysts expected EPS of Mex$1.74 on revenue of Mex$19.51B

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