Materiality pending
Public signal · 1-minute delayed
Signal brief
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AI summary
What happened, with direct paths to the underlying reporting
- FMX reported Q1 2024 net earnings of 49 cents per ADS, down from $1.16 in the prior year. - Total revenues were $10.8 billion, up 11.3% year over year in local currency. - Margins improved at Proximity Americas and Coca-Cola FEMSA, but declined in the Fuel segment. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings
- FMX reported Q1 2024 net earnings of 49 cents per ADS, down from $1.16 in the prior year.
- Total revenues were $10.8 billion, up 11.3% year over year in local currency.
- Margins improved at Proximity Americas and Coca-Cola FEMSA, but declined in the Fuel segment.
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