Coca-Cola FEMSA (KOF) Projected to Post Quarterly Earnings on Wednesday

Coca-Cola FEMSA (NYSE:KOF - Get Free Report) is projected to post its quarterly earnings results before the market opens on Wednesday, April 23rd. Analysts expect Coca-Cola FEMSA to post earnings of $1.37 per share and revenue of $3.44 billion for the quarter. Persons interested in participating in the company's earnings conference call can do so using this link.

Coca-Cola FEMSA (NYSE:KOF - Get Free Report) last announced its quarterly earnings data on Friday, February 21st. The company reported $1.73 EPS for the quarter, beating analysts' consensus estimates of $1.51 by $0.22. Coca-Cola FEMSA had a net margin of 8.12% and a return on equity of 15.99%. The firm had revenue of $3.76 billion for the quarter, compared to the consensus estimate of $3.49 billion. On average, analysts expect Coca-Cola FEMSA to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Coca-Cola FEMSA Stock Up 1.8 %

KOF stock traded up $1.66 during midday trading on Friday, reaching $96.42. The company had a trading volume of 133,698 shares, compared to its average volume of 176,652. The company has a 50 day moving average of $89.66 and a two-hundred day moving average of $83.63. The company has a market capitalization of $162.05 billion, a P/E ratio of 16.37, a PEG ratio of 0.62 and a beta of 0.58. Coca-Cola FEMSA has a 1 year low of $72.68 and a 1 year high of $102.28. The company has a current ratio of 1.14, a quick ratio of 0.94 and a debt-to-equity ratio of 0.47.

Coca-Cola FEMSA Increases Dividend

The business also recently declared a semi-annual dividend, which will be paid on Monday, May 5th. Stockholders of record on Tuesday, April 22nd will be paid a $0.8839 dividend. The ex-dividend date is Tuesday, April 22nd. This is an increase from Coca-Cola FEMSA's previous semi-annual dividend of $0.74. This represents a dividend yield of 3.1%. Coca-Cola FEMSA's dividend payout ratio is 12.66%.

Analyst Ratings Changes

KOF has been the topic of a number of recent research reports. Barclays boosted their target price on Coca-Cola FEMSA from $99.00 to $105.00 and gave the company an "overweight" rating in a research note on Tuesday, March 4th. StockNews.com downgraded Coca-Cola FEMSA from a "strong-buy" rating to a "buy" rating in a report on Friday, April 11th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Coca-Cola FEMSA from $107.00 to $110.00 and gave the company an "overweight" rating in a research report on Friday, April 11th. Six investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of $104.75.

About Coca-Cola FEMSA

Coca-Cola FEMSA, SAB. de C.V., a franchise bottler, produces, markets, sells, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Brazil, Argentina, and Uruguay. The company offers sparkling beverages, including colas and flavored sparkling beverages; waters; other non-carbonated beverages comprising juice drinks, coffee, teas, milk, value-added dairy products, sports and energy drinks, and plant-based drinks; and alcoholic beverages, such as hard seltzer under the Topo Chico brand name.