Earnings Alerts

Grupo Mexico Sab De Cv (GMEXICOB) Earnings: 2Q Net Income Surpasses Estimates at $1.23 Billion

  • Grupo Mexico reported a net income of $1.23 billion, exceeding the estimated $961.9 million.
  • The revenue for the period was $4.24 billion, a decrease of 3.6% compared to the previous year, and below the estimated $4.34 billion.
  • Basic earnings per share (EPS) increased to 16 cents from 14 cents year-over-year, beating the estimate of 12 cents.
  • Operating income for the quarter was $1.98 billion.
  • Earnings before interest, taxes, depreciation, and amortization (EBITDA) reached $2.36 billion, marking a 1.4% increase year-over-year.
  • The EBITDA margin improved to 55.8%, up from 53% the previous year.
  • Capital expenditure was reported at $416.6 million, a reduction of 16% from the previous year.
  • Market analysts’ ratings include 13 buys, 4 holds, and no sells for Grupo Mexico.

A look at Grupo Mexico Sab De Cv Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth3
Resilience5
Momentum5
OVERALL SMART SCORE4.0

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 Mexico Sab De Cv, a company that mines and processes various metals including copper, silver, gold, molybdenum, lead, and zinc, has received promising Smart Scores indicating a positive long-term outlook. With a high Resilience score of 5, the company is viewed as well-prepared to withstand economic uncertainties and challenges. Additionally, Grupo Mexico Sab De Cv also scored well in Momentum, suggesting strong positive trends and potential growth opportunities ahead.

Furthermore, the company’s above-average Dividend score of 4 signals a good potential for returns to investors. Although the Value and Growth scores are not as high, Grupo Mexico Sab De Cv remains well-positioned in its industry. Overall, based on the Smart Scores, Grupo Mexico Sab De Cv shows solid potential for long-term success and resilience in the market.


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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