Wal-Mart de Mexico SAB de CV (WMMVY) Set to Announce Quarterly Earnings on Tuesday

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) is anticipated to announce its results after the market closes on Tuesday, October 27th. Analysts expect the company to announce earnings of $0.42 per share and revenue of $13.88 billion for the quarter.

Wal-Mart de Mexico SAB de CV Price Performance

Shares of WMMVY stock opened at $27.20 on Monday. The stock’s fifty day moving average price is $26.83 and its 200 day moving average price is $29.00. Wal-Mart de Mexico SAB de CV has a 1-year low of $24.80 and a 1-year high of $35.47. The company has a market cap of $47.06 billion, a price-to-earnings ratio of 17.00, a price-to-earnings-growth ratio of 5.94 and a beta of 0.63.

Wall Street Analysts Forecast Growth

Separately, HSBC downgraded Wal-Mart de Mexico SAB de CV to a “reduce” rating and set a $42.00 price target for the company. in a report on Tuesday, September 8th. Two research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus target price of $42.00.

Wal-Mart de Mexico SAB de CV Company Profile

Wal-Mart de México, SAB. de C.V., commonly known as Walmex, is a retail company that operates Walmart’s business in Mexico and Central America. The company sells groceries, fresh food, household products, apparel, electronics, appliances, health and beauty products, and other general merchandise through a variety of store formats.

Walmex operates stores under brands including Walmart, Walmart Express, Bodega Aurrera and Sam’s Club. Bodega Aurrera serves value-oriented consumers, while Walmart and Walmart Express offer full-service and smaller-format shopping experiences.