Coca-Cola Femsa SAB de CV reports results for the quarter ended in September 30 - Earnings Summary

• Coca-Cola Femsa SAB de CV KOF.N reported quarterly adjusted earnings of $1.47​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of $1.50. The mean expectation of five analysts for the quarter was for earnings of $1.33 per share. Wall Street expected results to range from $1.28 to $1.38 per share.

• Revenue fell 0.2% to $3.68 billion from a year ago; analysts expected $3.54 billion.

• Coca-Cola Femsa SAB de CV's reported EPS for the quarter was $1.47​.

• The company reported quarterly net income of $309.4 million.

• Coca-Cola Femsa SAB de CV shares had fallen by 4.3% this quarter and lost 10.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 4.2% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the non-alcoholic beverages peer group is also "buy"

Wall Street's median 12-month price target for Coca-Cola Femsa SAB de CV is 102.30

This summary was machine generated from LSEG data October 27 at 03:40 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)