Investing.com - Industrias Bachoco ADR reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Industrias Bachoco ADR announced earnings per share of Mex$0.73 on revenue of Mex$918.7M. Analysts polled by Investing.com anticipated EPS of Mex$0.6254 on revenue of Mex$881.61M.
Industrias Bachoco ADR shares are down 6.53% from the beginning of the year and are trading at Mex$42.21 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Industrias Bachoco ADR follows other major Consumer/Non-Cyclical sector earnings this month
Industrias Bachoco ADR's report follows an earnings beat by Procter&Gamble on January 20, who reported EPS of Mex$1.64 on revenue of Mex$19.75B, compared to forecasts EPS of Mex$1.51 on revenue of Mex$19.27B.
Mondelez had missed expectations on January 28 with fourth quarter EPS of Mex$0.66 on revenue of Mex$7.3B, compared to forecast for EPS of Mex$0.6651 on revenue of Mex$7.16B.
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