Fomento Economico (NYSE:FMX) reported its Q4 earnings results on Monday, February 28, 2022 at 08:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Fomento Economico beat estimated earnings by 19.82%, reporting an EPS of $1.33 versus an estimate of $1.11.
Revenue was up $752.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0 which was followed by a 0.8% drop in the share price the next day.
Here’s a look at Fomento Economico’s past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.81 | 0.66 | 0.41 | 0.61 |
| EPS Actual | 0.81 | 0.73 | 0.74 | -0.17 |
| Revenue Estimate | 6.80B | 4.52B | 6.49B | 6.44B |
| Revenue Actual | 7.12B | 6.84B | 6.12B | 6.55B |
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This article was generated by Benzinga’s automated content engine and reviewed by an editor.
