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Coca Cola Femsa SAB De CV (KOF)
NYSE:KOF
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Earnings Data
Report Date
Feb 20, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$1.39Last Year’s EPS
$25.67Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 25, 2024
|% Change Since: -5.46%
|Next Earnings Date:Feb 20, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted significant revenue and operational growth, especially in digital transformation and certain regional markets like Guatemala and Brazil. However, these were balanced by challenges such as volume declines in key markets, unfavorable weather conditions in Mexico, and operational issues in Brazil. The sentiment reflects both strong achievements and notable challenges faced by the company.Company Guidance
During Coca-Cola FEMSA's Q3 2024 earnings call, the company reported robust financial metrics, indicating resilience and strategic execution amid challenging conditions. Revenues increased by 10.7% to MXN 69.6 billion, driven by revenue management initiatives and a favorable mix, while operating income rose by 13.9% to MXN 9.6 billion, with an operating margin expansion of 30 basis points to 13.8%. Adjusted EBITDA grew by 18.4% to MXN 14 billion, reflecting a 130 basis point increase in margin to 20.1%. The company highlighted digital advancements, with 56% of its customer base as digital buyers and 920,000 clients enrolled in its loyalty program, Premier Juntos+, marking a 21% increase from the previous quarter. Additionally, the company noted a positive impact of MXN 340 million from insurance claims related to Hurricane Otis. Despite a slight volume decline in Mexico, driven by adverse weather and economic conditions, Coca-Cola FEMSA remains optimistic about future growth, supported by infrastructure investments and strategic initiatives across its territories.Double-Digit Revenue and Operating Income Growth
Despite facing unfavorable weather conditions in Mexico and a tough comparison base, Coca-Cola FEMSA's revenues and operating income grew by double digits year-on-year, with total revenues increasing by 10.7% to MXN 69.6 billion.
Digital Transformation Initiatives
Progress in digital transformation with Juntos+ reaching 1.2 million active users, with digital buyers now accounting for 56% of the customer base, up by 6 percentage points. The Premier Juntos+ loyalty program saw a 21% increase in enrolled clients.
Operating Margin and EBITDA Growth
Operating income increased by 13.9%, with an operating margin expanding by 30 basis points to 13.8%. Adjusted EBITDA grew by 18.4% to reach MXN 14 billion, with an EBITDA margin expansion of 130 basis points to 20.1%.
Water Efficiency Achievement
Coca-Cola FEMSA achieved a water use efficiency ratio of 1.36 liters per liter of beverage produced, marking a 21% improvement since 2016.
Positive Performance in Guatemala and Brazil
Guatemala saw a 7.5% increase in volumes due to a growing population and digital adoption. Brazil reported a 6.3% volume growth, supported by favorable weather and macro fundamentals.
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KOF 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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KOF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 25, 2024 | $84.23 | $85.17 | +1.12% |
| Jul 19, 2024 | $84.44 | $86.95 | +2.97% |
| Apr 24, 2024 | $92.25 | $93.28 | +1.12% |
| Feb 22, 2024 | $97.46 | $97.18 | -0.29% |
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 Coca Cola Femsa SAB De CV (KOF) report earnings?
Coca Cola Femsa SAB De CV (KOF) is schdueled to report earning on Feb 20, 2025, TBA Not Confirmed.
What is Coca Cola Femsa SAB De CV (KOF) earnings time?
Coca Cola Femsa SAB De CV (KOF) earnings time is at Feb 20, 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 KOF EPS forecast?
KOF EPS forecast for the fiscal quarter 2024 (Q4) is $1.39.
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