Coca-Cola FEMSA (KOF) to Release Earnings on Wednesday

Coca-Cola FEMSA (NYSE:KOF) is expected to be posting 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. Parties that are interested in registering for the company’s conference call can do so using this link.

Coca-Cola FEMSA (NYSE:KOF) last announced its earnings results on Friday, February 21st. The company reported $1.73 EPS for the quarter, beating analysts’ consensus estimates of $1.51 by $0.22. The company had revenue of $3.76 billion during the quarter, compared to the consensus estimate of $3.49 billion. Coca-Cola FEMSA had a return on equity of 15.99% and a net margin of 8.12%. 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 Performance

NYSE:KOF opened at $94.78 on Wednesday. The company has a quick ratio of 0.94, a current ratio of 1.14 and a debt-to-equity ratio of 0.47. Coca-Cola FEMSA has a twelve month low of $72.68 and a twelve month high of $102.28. The stock has a market cap of $159.29 billion, a P/E ratio of 16.09, a price-to-earnings-growth ratio of 0.62 and a beta of 0.58. The firm’s fifty day simple moving average is $88.62 and its 200 day simple moving average is $83.52.

Coca-Cola FEMSA Increases Dividend

The business also recently announced a semi-annual dividend, which will be paid on Monday, May 5th. Stockholders of record on Tuesday, April 22nd will be paid a dividend of $0.8839 per share. This is a positive change from Coca-Cola FEMSA’s previous semi-annual dividend of $0.74. The ex-dividend date of this dividend is Tuesday, April 22nd. This represents a dividend yield of 3.1%. Coca-Cola FEMSA’s payout ratio is presently 12.66%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on KOF. StockNews.com downgraded shares of Coca-Cola FEMSA from a “strong-buy” rating to a “buy” rating in a research note on Friday, April 11th. JPMorgan Chase & Co. raised their target price on Coca-Cola FEMSA from $107.00 to $110.00 and gave the company an “overweight” rating in a research note on Friday, April 11th. Finally, Barclays lifted their price target on Coca-Cola FEMSA from $99.00 to $105.00 and gave the company an “overweight” rating in a research report on Tuesday, March 4th. Six research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently 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.