Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) Releases Quarterly Earnings Results, Misses Estimates By $0.05 EPS

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) posted its earnings results on Wednesday. The company reported $0.46 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.05), Zacks reports. The company had revenue of $16.44 billion for the quarter, compared to analyst estimates of $15.48 billion. Wal-Mart de Mexico SAB de CV had a return on equity of 21.45% and a net margin of 5.03%.

Wal-Mart de Mexico SAB de CV Price Performance

OTCMKTS:WMMVY traded down $0.12 during trading hours on Thursday, reaching $33.52. 68,804 shares of the company were exchanged, compared to its average volume of 157,739. The business has a 50 day moving average of $32.59 and a 200 day moving average of $31.98. Wal-Mart de Mexico SAB de CV has a 1-year low of $25.41 and a 1-year high of $35.78. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.95 and a quick ratio of 0.34. The company has a market capitalization of $57.99 billion, a P/E ratio of 22.80, a P/E/G ratio of 5.62 and a beta of 0.80.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on WMMVY. Barclays downgraded Wal-Mart de Mexico SAB de CV from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 2nd. Morgan Stanley cut Wal-Mart de Mexico SAB de CV to an “underweight” rating in a research report on Wednesday, January 28th. Two investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce”.

Wal-Mart de Mexico SAB de CV Company Profile

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.