Investing.com - Industrias Bachoco ADR reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Industrias Bachoco ADR announced earnings per share of Mex$2.06 on revenue of Mex$948M. Analysts polled by Investing.com anticipated EPS of Mex$1.55 on revenue of Mex$929.87M.
Industrias Bachoco ADR shares are down 2.61% from the beginning of the year and are trading at Mex$44.66 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Industrias Bachoco ADR shares gained 1.55% in after-hours trade after the report.
Industrias Bachoco ADR follows other major Consumer/Non-Cyclical sector earnings this month
Industrias Bachoco ADR's report follows an earnings beat by Procter&Gamble on Tuesday, April 20, 2021, who reported EPS of Mex$1.26 on revenue of Mex$18.11B, compared to forecasts EPS of Mex$1.19 on revenue of Mex$17.96B.
Coca-Cola had beat expectations on Monday, April 19, 2021 with first quarter EPS of Mex$0.55 on revenue of Mex$9B, compared to forecast for EPS of Mex$0.5039 on revenue of Mex$8.68B.
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