Investing.com - Industrias Bachoco ADR reported on Monday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Industrias Bachoco ADR announced earnings per share of Mex$2.46 on revenue of Mex$20.86B. Analysts polled by Investing.com anticipated EPS of Mex$1.22 on revenue of Mex$992.62M.
Industrias Bachoco ADR shares are up 0.71% from the beginning of the year and are trading at Mex$45.48 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Industrias Bachoco ADR follows other major Consumer/Non-Cyclical sector earnings this month
Industrias Bachoco ADR's report follows an earnings beat by Coca-Cola on Wednesday, who reported EPS of Mex$0.68 on revenue of Mex$10.1B, compared to forecasts EPS of Mex$0.5625 on revenue of Mex$9.31B.
PepsiCo had beat expectations on Tuesday, July 13, 2021 with second quarter EPS of Mex$1.72 on revenue of Mex$19.22B, compared to forecast for EPS of Mex$1.53 on revenue of Mex$17.96B.
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