Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) Releases Quarterly Earnings Results, Beats Expectations By $0.02 EPS

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) announced its earnings results on Wednesday. The company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.35 by $0.02, Zacks reports. Wal-Mart de Mexico SAB de CV had a net margin of 4.94% and a return on equity of 22.98%.

Wal-Mart de Mexico SAB de CV Stock Down 1.2%

WMMVY stock traded down $0.34 during trading hours on Wednesday, hitting $27.90. The company’s stock had a trading volume of 79,786 shares, compared to its average volume of 137,278. The stock has a 50 day moving average price of $29.80 and a two-hundred day moving average price of $31.60. Wal-Mart de Mexico SAB de CV has a 12 month low of $27.33 and a 12 month high of $35.47. The company has a market capitalization of $48.27 billion, a PE ratio of 17.88, a price-to-earnings-growth ratio of 1.87 and a beta of 0.64. The company has a quick ratio of 0.33, a current ratio of 0.97 and a debt-to-equity ratio of 0.36.

Analyst Upgrades and Downgrades

Separately, Santander downgraded shares of 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 assigned a Sell rating to the company. Based on data from MarketBeat, Wal-Mart de Mexico SAB de CV 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.