- Grupo Mexico reported a net income of $928.5 million for the first quarter, surpassing estimates of $750.9 million.
- Revenue for the quarter was $3.80 billion, higher than the estimated $3.75 billion.
- The company reported 12c basic earnings per share (EPS), outperforming the projected figure of 9.6c.
- Operating income was also above the estimate, posting $1.62 billion against a forecast of $1.37 billion.
- The company has gathered mixed reviews from analysts, with 5 buys, 9 holds, and 2 sells.
A look at Grupo Mexico Sab De Cv Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 2 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
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 Mexico Sab De Cv, a company engaged in mining copper, silver, gold, and other metals, presents a mixed outlook based on the Smartkarma Smart Scores. While showing strength in areas like dividends and resilience, with scores of 4 each, the company falls short in terms of growth and value, scoring 2 and 3, respectively. However, the company demonstrates strong momentum, scoring a perfect 5, suggesting positive market sentiment and performance in the near future.
Grupo Mexico Sab De Cv‘s operations, encompassing copper mines, smelters, and railroad lines, position it as a key player in the mining and metals industry. With a diversified portfolio covering various valuable metals, the company’s resilience and dividend payouts can appeal to investors seeking stability and income. Despite challenges in growth and value indicators, the company’s upward momentum signals promising prospects, making it an intriguing option for investors looking for growth potential and solid returns.
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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