Wal-Mart de México (OTCMKTS:WMMVY) Announces Quarterly Earnings Results

Wal-Mart de México (OTCMKTS:WMMVY) released its earnings results on Thursday. The company reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.48 by ($0.05), Zacks reports. Wal-Mart de México had a net margin of 5.73% and a return on equity of 26.30%.

Wal-Mart de México Stock Performance

Shares of WMMVY traded up $0.30 during midday trading on Thursday, hitting $28.54. The company had a trading volume of 104,971 shares, compared to its average volume of 133,453. The company’s 50-day simple moving average is $27.55 and its 200-day simple moving average is $29.18. The firm has a market capitalization of $49.79 billion, a P/E ratio of 16.31, a P/E/G ratio of 1.90 and a beta of 0.85. Wal-Mart de México has a 1 year low of $24.30 and a 1 year high of $43.00.

Analyst Ratings Changes

Separately, Barclays raised Wal-Mart de México from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 20th.

About Wal-Mart de México

Wal-Mart de México, SAB. de C.V. owns and operates self-service stores in Mexico and Central America. The company operates discount warehouses and stores, hypermarkets, supermarkets, and membership self-service wholesale stores. It operates Bodega Aurrerá discount stores, Walmart hypermarkets, Walmart Express supermarkets, and Sam’s Club membership self-service wholesale stores.