Betterware de Mexico SAPI de CV reports results for the quarter ended June 30 - Earnings Summary

• Betterware de Mexico SAPI de CV BWMX.N reported quarterly adjusted earnings of MXN8.77​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of MXN8.06. The mean expectation of two analysts for the quarter was for earnings of MXN6.64 per share. Wall Street expected results to range from MXN5.66 to MXN7.61 per share.

• Revenue rose 5.1% to MXN3.56 billion from a year ago; analysts expected MXN3.42 billion.

• Betterware de Mexico SAPI de CV's reported EPS for the quarter was MXN8.77​.

• The company reported quarterly net income of MXN327.31 million.

• Betterware de Mexico SAPI de CV shares had risen by 12.1% this quarter and lost 13.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the department stores peer group is "hold."

• Wall Street's median 12-month price target for Betterware de Mexico SAPI de CV is $18.75, about 48.3% above its last closing price of $9.70

This summary was machine generated from LSEG data July 25 at 07:25 p.m. UTC. ​All figures in Mexican pesos unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)