Earnings Alerts

Grupo Mexico Sab De Cv (GMEXICOB) Earnings: 1Q Revenue Hits $4.20B, Surpassing Expectations

  • Grupo Mexico’s first-quarter revenue reached $4.20 billion, aligning with forecasts.
  • Net income for the same period amounted to $1.09 billion.
  • The company’s basic earnings per share (EPS) were 14 cents, surpassing the estimated 12 cents.
  • Operating income was reported at $1.91 billion.
  • Market analysts have provided the following ratings: 10 buy recommendations, 6 hold recommendations, and 1 sell recommendation.

A look at Grupo Mexico Sab De Cv Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth3
Resilience5
Momentum3
OVERALL SMART SCORE3.6

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 prominent mining company, shows a promising long-term outlook according to Smartkarma’s Smart Scores. With a solid score in Resilience, indicating strong stability and ability to weather economic challenges, the company is well-positioned to navigate uncertainties in the market. Additionally, its commendable Dividend score suggests a consistent track record of rewarding shareholders, making it an attractive choice for income-oriented investors.

Furthermore, Grupo Mexico Sab De Cv‘s operations in mining precious metals and minerals, coupled with its diversified portfolio, contribute to a respectable Growth score. While Value and Momentum scores are in the moderate range, the company’s overall performance is bolstered by its robust fundamentals and strategic positioning in the industry. With a focus on mining copper, silver, gold, and other valuable resources, Grupo Mexico Sab De Cv remains a key player in the mining sector with promising prospects for long-term growth and sustainability.


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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