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

• Betterware de Mexico SAPI de CV BWMX.N reported quarterly adjusted earnings of MXN8.42​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of MXN4.84. The mean expectation of two analysts for the quarter was for earnings of MXN7.52 per share. Wall Street expected results to range from MXN7.19 to MXN7.85 per share.

• Revenue rose 1.4% to MXN3.38 billion from a year ago; analysts expected MXN3.54 billion.

• Betterware de Mexico SAPI de CV's reported EPS for the quarter was MXN8.42​.

• The company reported quarterly net income of MXN314.21 million.

• Betterware de Mexico SAPI de CV shares had fallen by 3.5% this quarter and gained 16.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 1.6% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

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."

• Wall Street's median 12-month price target for Betterware de Mexico SAPI de CV is $18.75, about 30.8% above its last closing price of $12.98

This summary was machine generated from LSEG data October 24 at 08:12 a.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)