Fomento Economico Q2 Sales $11.54B Beat $11.12B Estimate
Portfolio Pulse from Benzinga Newsdesk
Fomento Economico (NYSE:FMX) reported Q2 sales of $11.54 billion, surpassing the analyst estimate of $11.12 billion by 3.77%. This marks a 2.93% increase from the same period last year.
July 24, 2024 | 1:51 pm
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Fomento Economico (NYSE:FMX) reported Q2 sales of $11.54 billion, beating the analyst consensus estimate of $11.12 billion by 3.77%. This represents a 2.93% increase from the same period last year.
The company's Q2 sales exceeded analyst expectations by 3.77% and showed a year-over-year increase of 2.93%. This positive earnings report is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100