Bbb Foods Inc reports results for the quarter ended June 30 - Earnings Summary

• Bbb Foods Inc TBBB.N reported a quarterly adjusted loss of MXN2.50​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of MXN2.95. The mean expectation of three analysts for the quarter was for earnings of 26 matambala per share. Wall Street expected results to range from 12 matambala to 43 matambala per share.

• Revenue rose 38.3% to MXN18.77 billion from a year ago; analysts expected MXN18.08 billion.

• Bbb Foods Inc's reported EPS for the quarter was a loss of MXN2.50​.

• The company reported a quarterly loss of MXN286.08 million.

• Bbb Foods Inc shares had fallen by 7.0% this quarter and lost 8.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 40.3% 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 6 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the food retail & distribution peer group is also "buy"

• Wall Street's median 12-month price target for Bbb Foods Inc is $33.00, about 20.2% above its last closing price of $26.33

This summary was machine generated from LSEG data August 11 at 09:48 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)