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FEMSA Earnings Fall Short of Estimates in Q1, Segmental Revenues Aid
FMXFEMSA(FMX) ZACKS·2025-04-29 20:55

Fomento Economico Mexicano S.A.B. de C.V. (FMX) , alias FEMSA, reported first-quarter 2025 net majority earnings per ADS of 79 cents (Ps. 1.62 per FEMSA unit). The company posted adjusted net majority earnings per ADS of 45 cents, down from 47 cents in the year-ago quarter and missed the Zacks Consensus Estimate 52 cents.Net consolidated income was Ps. 8,943 million (US437.1million),reflectinggrowthof54.3437.1 million), reflecting growth of 54.3% from the year-ago quarter.Total revenues were US9.58 billion (Ps. 195,820 million), which impro ...