Preview: Fomento Economico's Earnings
Portfolio Pulse from Benzinga Insights
Fomento Economico (NYSE:FMX) is set to release its quarterly earnings report on October 27, 2023. Analysts estimate an earnings per share (EPS) of $1.40. The company's past performance shows a trend of beating EPS estimates, which has generally led to an increase in share price. The stock is currently trading at $100.42 and has seen a 43.39% increase over the last 52 weeks.
October 26, 2023 | 2:00 pm
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Fomento Economico is expected to report an EPS of $1.40 in its upcoming earnings report. The company has a history of beating EPS estimates, which has generally led to an increase in share price.
Fomento Economico has a history of beating EPS estimates, which has generally led to an increase in share price. If the company beats the EPS estimate again, it could lead to a further increase in the share price. However, the company's guidance for the next quarter will also play a crucial role in determining the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100