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

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

Wal-Mart de Mexico SAB de CV Price Performance

Shares of WMMVY traded down $0.11 during midday trading on Thursday, hitting $33.53. 69,504 shares of the company traded hands, compared to its average volume of 158,032. Wal-Mart de Mexico SAB de CV has a one year low of $25.41 and a one 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 firm has a market cap of $58.01 billion, a P/E ratio of 22.81, a PEG ratio of 5.62 and a beta of 0.80. The stock has a 50-day moving average of $32.59 and a 200-day moving average of $31.98.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on WMMVY. Barclays downgraded Wal-Mart de Mexico SAB de CV from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 2nd. Morgan Stanley downgraded shares of Wal-Mart de Mexico SAB de CV to an “underweight” rating in a report on Wednesday, January 28th. Two equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently 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.