Fomento Economico Mexicano (FMX) Set to Announce Quarterly Earnings on Wednesday

Key Points

• Fomento Económico Mexicano is expected to report Q3 2026 results before the market opens on October 28. Analysts forecast earnings of $1.03 per share on revenue of $12.83 billion, compared with $0.93 EPS and $13.20 billion in revenue in the prior quarter.
• FMX shares recently traded at $129.15, up 1.7%, with a consensus analyst rating of “Moderate Buy” and an average price target of $139.83.
• The company announced a reduced quarterly dividend of $1.7804, equivalent to $7.12 annually and a 5.5% yield; the dividend payout ratio is 47.6%.

Fomento Economico Mexicano (NYSE:FMX - Get Free Report) is projected to post its Q3 2026 results before the market opens on Wednesday, October 28th. Analysts expect Fomento Economico Mexicano to announce earnings of $1.03 per share and revenue of $12.83 billion for the quarter. Parties may visit the company's upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Wednesday, October 28, 2026 at 11:00 AM ET.

Fomento Economico Mexicano (NYSE:FMX - Get Free Report) last released its quarterly earnings results on Tuesday, June 30th. The company reported $0.93 EPS for the quarter. Fomento Economico Mexicano had a return on equity of 7.24% and a net margin of 3.60%. The business had revenue of $13.20 billion for the quarter. On average, analysts expect Fomento Economico Mexicano to post $6.32 EPS for the current fiscal year and $5.63 EPS for the next fiscal year.

Fomento Economico Mexicano Trading Up 1.7%

FMX stock opened at $129.15 on Wednesday. The business has a fifty day moving average price of $119.88 and a 200 day moving average price of $121.82. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.14 and a quick ratio of 0.85. Fomento Economico Mexicano has a fifty-two week low of $90.87 and a fifty-two week high of $141.47. The stock has a market capitalization of $44.63 billion, a price-to-earnings ratio of 34.78, a P/E/G ratio of 0.68 and a beta of 0.41.

Fomento Economico Mexicano Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, October 26th. Stockholders of record on Wednesday, October 14th will be paid a $1.7804 dividend. This represents a $7.12 dividend on an annualized basis and a dividend yield of 5.5%. This is a drop from Fomento Economico Mexicano's previous quarterly dividend of $1.8270. The ex-dividend date is Wednesday, October 14th. Fomento Economico Mexicano's dividend payout ratio is 47.60%.

Analysts Set New Price Targets

Several research analysts recently weighed in on FMX shares. Zacks Research cut shares of Fomento Economico Mexicano from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 4th. Bank of America upgraded shares of Fomento Economico Mexicano from a "neutral" rating to a "buy" rating and lifted their price target for the stock from $125.00 to $150.00 in a research report on Tuesday, August 4th. Benchmark upgraded shares of Fomento Economico Mexicano to an "overweight" rating in a research report on Friday. Deutsche Bank Aktiengesellschaft set a $150.00 price target on shares of Fomento Economico Mexicano in a research note on Tuesday, August 4th. Finally, Barclays increased their price objective on shares of Fomento Economico Mexicano from $125.00 to $130.00 and gave the company an "equal weight" rating in a report on Tuesday, July 14th. Four investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Fomento Economico Mexicano has an average rating of "Moderate Buy" and a consensus target price of $139.83.

Insider Transactions at Fomento Economico Mexicano

In other news, Director Michael David Kahn acquired 2,100 shares of Fomento Economico Mexicano stock in a transaction dated Tuesday, August 11th. The stock was bought at an average cost of $118.13 per share, with a total value of $248,073.00. Following the completion of the transaction, the director directly owned 2,100 shares of the company's stock, valued at approximately $248,073. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 5.68% of the company's stock.

Fomento Economico Mexicano Company Profile

Fomento Económico Mexicano, SAB. de C.V. (FEMSA) is a Monterrey, Mexico-based multinational company with operations focused on beverage bottling, retail and related consumer services. The company traces its origins to 1890, when it was established as a brewery in Monterrey, and has since developed into one of Latin America's largest consumer-facing businesses.

FEMSA's principal beverage business is Coca-Cola FEMSA, which produces, markets, sells and distributes Coca-Cola trademark beverages and other nonalcoholic drinks.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.