Wal-Mart de Mexico SAB de CV (WMMVY) Expected to Announce Earnings on Wednesday

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) is expected to be issuing its results after the market closes on Wednesday, July 22nd. Analysts expect Wal-Mart de Mexico SAB de CV to post earnings of $0.38 per share and revenue of $14.5585 billion for the quarter.

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $0.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.01). The business had revenue of $13.94 billion during the quarter, compared to analysts’ expectations of $14.27 billion. Wal-Mart de Mexico SAB de CV had a return on equity of 22.98% and a net margin of 4.94%. On average, analysts expect Wal-Mart de Mexico SAB de CV to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Wal-Mart de Mexico SAB de CV Price Performance

OTCMKTS:WMMVY opened at $28.32 on Wednesday. The firm has a market capitalization of $48.99 billion, a price-to-earnings ratio of 18.15, a P/E/G ratio of 1.84 and a beta of 0.64. Wal-Mart de Mexico SAB de CV has a 52-week low of $27.26 and a 52-week high of $35.47. The stock has a fifty day moving average of $30.24 and a 200 day moving average of $31.71. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.33 and a current ratio of 0.97.

Analysts Set New Price Targets

Separately, Santander cut Wal-Mart de Mexico SAB de CV to a “neutral” rating in a report on Monday, April 20th. Three equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Reduce”.

About Wal-Mart de Mexico SAB de CV

Wal-Mart de México SAB de CV (OTCMKTS: WMMVY) is a leading Mexican retail company that operates a broad array of retail formats focused on serving everyday consumer needs. Its core activities include operating supermarkets, discount stores, membership warehouse clubs and related retail formats that sell groceries, perishables, household goods, apparel, electronics and general merchandise. The company also provides associated services commonly found in large retail chains, such as in-store pharmacies, basic financial and payment services, and e-commerce fulfillment to meet growing online demand.

The company’s operations are centered in Mexico and extend into several countries in Central America, where it serves urban and suburban consumers through a mix of neighborhood discount outlets, larger full-service supermarkets and membership-based warehouse clubs.