Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) Announces Quarterly Earnings Results

Key Points

• Missed earnings: Wal‑Mart de México reported Q EPS of $0.41 vs. a $0.45 consensus (a $0.04 miss), with a net margin of 4.93% and a return on equity of 22.01%.
• Shares traded down about 0.5% to $30.66 on higher-than-average volume; the company has a market cap of $53.03 billion, a P/E of 20.44 and a 12‑month range of $27.26–$35.78.
• Analyst sentiment turned negative: Morgan Stanley cut the stock to "underweight" and Santander to "neutral," leaving an average MarketBeat rating of "Reduce" (three Holds and one Sell).

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY - Get Free Report) posted its earnings results on Tuesday. The company reported $0.41 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.04), Zacks reports. Wal-Mart de Mexico SAB de CV had a net margin of 4.93% and a return on equity of 22.01%.

Wal-Mart de Mexico SAB de CV Stock Down 0.5%

Shares of OTCMKTS:WMMVY traded down $0.16 during mid-day trading on Tuesday, hitting $30.66. 178,282 shares of the company traded hands, compared to its average volume of 134,897. The stock has a market cap of $53.03 billion, a P/E ratio of 20.44, a P/E/G ratio of 2.04 and a beta of 0.75. The company has a current ratio of 0.97, a quick ratio of 0.33 and a debt-to-equity ratio of 0.36. Wal-Mart de Mexico SAB de CV has a 12-month low of $27.26 and a 12-month high of $35.78. The stock has a 50-day moving average price of $32.48 and a two-hundred day moving average price of $32.72.

Wall Street Analyst Weigh In

WMMVY has been the subject of a number of analyst reports. Morgan Stanley downgraded Wal-Mart de Mexico SAB de CV to an "underweight" rating in a research report on Wednesday, January 28th. Santander cut Wal-Mart de Mexico SAB de CV to a "neutral" rating in a research note on Monday, April 20th. Three investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average 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.

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