Coca-Cola FEMSA Shares Gain After Q3 Results

MT Newswires Live

2024/10/26

Coca-Cola FEMSA (KOF) shares were up over 2% in recent Friday trading after the company reported Q3 results with revenue increasing year-over-year.

The bottling company reported Q3 earnings of 27.89 Mexican pesos ($1.40) per American Depositary Share. Year-ago figures weren't provided for comparison.

Analysts polled by Capital IQ expected 22.23 pesos per ADS.

Revenue for the quarter was 69.60 billion pesos, up from 62.85 billion pesos a year earlier.

Analysts surveyed by Capital IQ expected 66.6 billion pesos.

Price: 87.11, Change: +2.20, Percent Change: +2.59

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