Betterware de Mexico SAPI de CV reports results for the quarter ended in September 30 - Earnings Summary

• Betterware de Mexico SAPI de CV BWMX.N reported quarterly adjusted earnings of MXN4.84​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of MXN5.28. The mean expectation of two analysts for the quarter was for earnings of MXN6.24 per share. Wall Street expected results to range from MXN5.72 to $6.75 per share.

• Revenue rose 6.6% to $3.33 billion from a year ago; analysts expected MXN3.32 billion.

• Betterware de Mexico SAPI de CV's reported EPS for the quarter was a loss of $3.10​.

• The company reported a quarterly loss of MXN115.61 million.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 20.6% in the last three months.​

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

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the department stores peer group is also "buy"

Wall Street's median 12-month price target for Betterware de Mexico SAPI de CV is 20.25

This summary was machine generated from LSEG data October 27 at 03:43 p.m. UTC. ​All figures in Mexican pesos 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)