Payload Logo

Fomento Economico: Q1 Earnings Snapshot

By AP News
Published

MONTERREY N.L., Mexico (AP) — MONTERREY N.L., Mexico (AP) — Fomento Economico Mexicano SAB (FMX) on Friday reported net income of $177 million in its first quarter.

The Monterrey N.l., Mexico-based company said it had profit of 49 cents per share. Earnings, adjusted to account for discontinued operations, were 47 cents per share.

The Coca-Cola bottler posted revenue of $10.76 billion in the period.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FMX at https://www.zacks.com/ap/FMX

📬 Sign up for the Daily Brief

Our free, fast and fun briefing on the global economy, delivered every weekday morning.