Wal-Mart de Mexico SAB de CV (WMMVY) Projected to Post Earnings on Tuesday

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) is expected to post its results after the market closes on Tuesday, October 27th. Analysts expect Wal-Mart de Mexico SAB de CV to announce earnings of $0.42 per share and revenue of $13.88 billion for the quarter.

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) last released its quarterly earnings results on Wednesday, July 22nd. The company reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.02. The firm had revenue of $14.43 billion during the quarter, compared to analysts’ expectations of $14.32 billion. Wal-Mart de Mexico SAB de CV had a return on equity of 21.23% and a net margin of 4.90%. On average, analysts expect Wal-Mart de Mexico SAB de CV to post $1.76 EPS for the current fiscal year and $1.85 EPS for the next fiscal year.

Wal-Mart de Mexico SAB de CV Trading Up 1.1%

WMMVY opened at $27.20 on Friday. Wal-Mart de Mexico SAB de CV has a 1-year low of $24.80 and a 1-year high of $35.47. The firm has a 50-day moving average price of $26.83 and a two-hundred day moving average price of $29.03. The stock has a market capitalization of $47.06 billion, a PE ratio of 17.00, a PEG ratio of 5.94 and a beta of 0.63.

Analyst Upgrades and Downgrades

Separately, HSBC downgraded shares of Wal-Mart de Mexico SAB de CV to a “reduce” rating and set a $42.00 price objective for the company. in a research report on Tuesday, September 8th. Two investment analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Reduce” and an average target price of $42.00.

Wal-Mart de Mexico SAB de CV Company Profile

Wal-Mart de México, SAB. de C.V., commonly known as Walmex, is a retail company that operates Walmart’s business in Mexico and Central America. The company sells groceries, fresh food, household products, apparel, electronics, appliances, health and beauty products, and other general merchandise through a variety of store formats.

Walmex operates stores under brands including Walmart, Walmart Express, Bodega Aurrera and Sam’s Club. Bodega Aurrera serves value-oriented consumers, while Walmart and Walmart Express offer full-service and smaller-format shopping experiences.