Fomento Economico (NYSE:FMX) reported its Q1 earnings results on Monday, May 2, 2022 at 08:00 AM.
Here's what investors need to know about the announcement.
Earnings
Fomento Economico missed estimated earnings by 10.67%, reporting an EPS of $0.67 versus an estimate of $0.75.
Revenue was up $1.07 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.22 which was followed by a 4.51% drop in the share price the next day.
Here's a look at Fomento Economico's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.11 | 0.81 | 0.66 | 0.41 |
| EPS Actual | 1.33 | 0.81 | 0.73 | 0.74 |
| Revenue Estimate | 6.99B | 6.80B | 4.52B | 6.49B |
| Revenue Actual | 7.30B | 7.12B | 6.84B | 6.12B |
To track all earnings releases for Fomento Economico visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
