Fomento Economico: Q4 Earnings Snapshot
By AP News
Published - Feb 24, 2023, 09:00 AM ET
Last Updated - Jun 22, 2023, 07:40 PM EDT
MONTERREY N.L., Mexico (AP) — MONTERREY N.L., Mexico (AP) — Fomento Economico Mexicano SAB (FMX) on Friday reported fourth-quarter earnings of $244.8 million.
The Monterrey N.l., Mexico-based company said it had net income of 69 cents per share.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.28 per share.
The Coca-Cola bottler posted revenue of $9.48 billion in the period.
