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Fomento Economico Mexicano (FMX)
NYSE:FMX
Earnings Data
Report Date
Apr 25, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.79Last Year’s EPS
0.4Same Quarter Last Year
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 27, 2025
|% Change Since: 9.06%
|Next Earnings Date:Apr 25, 2025
Earnings Call Sentiment|Neutral
FEMSA's earnings call highlighted strong financial performance with significant capital returns planned for shareholders. However, challenges such as declining traffic in Proximity Americas and a softer consumer environment in Mexico balanced out the positives.Company Guidance
During the FEMSA Fourth Quarter 2024 Results Conference Call, the company reported notable financial achievements and provided guidance for future capital returns. For the full year 2024, FEMSA saw double-digit growth across earnings line items and significant margin expansion, primarily driven by the Proximity Americas and Coca-Cola FEMSA units. The company also completed planned divestitures, monetizing approximately $10.7 billion. In 2024, FEMSA returned around $2.5 billion to shareholders through dividends and share buybacks, aiming to reach a target leverage ratio of 2 times net debt-to-EBITDA by the end of 2026. For 2025 and 2026, FEMSA plans to deploy MXN 107.4 billion (about $5.3 billion) in capital returns, representing approximately 17% of its market cap, with a focus on ordinary and extraordinary dividends and share buybacks. This strategic plan is designed to optimize the balance sheet and enhance long-term intrinsic value per share.Double-Digit Growth and Margin Expansion
FEMSA reported double-digit growth across earnings line items and notable margin expansion for the full year 2024, driven by strong performances at Proximity Americas and Coca-Cola FEMSA.
Capital Return and Shareholder Yield
FEMSA plans to deploy almost MXN 66 billion ($3.2 billion) in capital returns in 2025, representing a 10.4% yield for shareholders at current market capitalization. An additional MXN 41.4 billion ($2 billion) is planned for 2026.
Proximity Americas Revenue Growth
Proximity Americas division saw a 13.2% total revenue growth, with a 230 basis point gross margin expansion, highlighting strong commercial capabilities and financial services performance.
Digital Ecosystem Expansion
Spin by OXXO platform reached 8.6 million active users, reflecting a 24.9% growth year-on-year, while SPIN Premia loyalty program increased 27.5% to reach 24.6 million active users.
Coca-Cola FEMSA Performance
Coca-Cola FEMSA recorded double-digit increases across their income statement, with a 25% rise in income from operations, driven by disciplined revenue management and strategic CapEx investments.
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FMX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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FMX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 27, 2025 | $89.47 | $94.09 | +5.16% |
| Oct 28, 2024 | $95.79 | $97.41 | +1.69% |
| Jul 24, 2024 | $114.86 | $109.04 | -5.07% |
| Apr 26, 2024 | $112.08 | $115.80 | +3.32% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Fomento Economico Mexicano (FMX) report earnings?
Fomento Economico Mexicano (FMX) is schdueled to report earning on Apr 25, 2025, TBA Not Confirmed.
What is Fomento Economico Mexicano (FMX) earnings time?
Fomento Economico Mexicano (FMX) earnings time is at Apr 25, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FMX EPS forecast?
FMX EPS forecast for the fiscal quarter 2025 (Q1) is 0.79.
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