Earnings Alerts

Grupo Bimbo SAB de CV (BIMBOA) Earnings Fall Short in 4Q, Net Income Misses Estimates

By February 20, 2024 No Comments
  • Bimbo’s net income for the 4th Quarter is MXN3.26 billion, which is less than the estimated MXN4.76 billion.
  • The company’s operating income is also lower than expected at MXN8.15 billion, compared to the estimated MXN9.22 billion.
  • Basic earnings per share (EPS) stood at MXN0.74, which is lower than the estimated MXN1.11.
  • Bimbo’s revenue for the 4th Quarter is MXN101.88 billion, slightly lower than the estimated MXN103.88 billion.
  • There have been 6 buys, 9 holds, and 0 sells of Bimbo’s stocks recently.

A look at Grupo Bimbo SAB de CV Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience2
Momentum2
OVERALL SMART SCORE2.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Grupo Bimbo SAB de CV, a company that produces and sells bakery products, has a positive long-term outlook according to the Smartkarma Smart Scores. These scores, which range from 1 to 5 with 5 being the highest, indicate the overall outlook for the company’s value, dividend, growth, resilience, and momentum. With a score of 5 for growth, Grupo Bimbo is expected to continue expanding its business and increasing its market share. This is further supported by its score of 2 for value and momentum, indicating that the company is undervalued and has positive market momentum.

Grupo Bimbo’s resilience, or its ability to withstand economic challenges, also received a score of 2. This suggests that the company is well-positioned to weather any potential economic downturns. Additionally, its score of 2 for dividends indicates that the company is committed to providing returns to its shareholders. Overall, these scores paint a positive picture for Grupo Bimbo’s future, with strong growth potential and a solid foundation to face any challenges that may arise.

In summary, Grupo Bimbo SAB de CV has a strong presence in the bakery market, producing a wide range of products that are sold throughout the Americas and Europe. With a positive outlook based on its Smartkarma Smart Scores, the company is expected to continue its growth and provide returns to its shareholders. Its resilience and momentum also suggest that it is well-equipped to navigate any potential challenges in the future.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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