Earnings Alerts

Grupo Mexico Sab De Cv (GMEXICOB) Earnings: 2Q Net Income Surpasses Estimates with Strong Performance

  • Net Income: Grupo Mexico posted a net income of $1.12 billion, surpassing the estimate of $1 billion.
  • Revenue: The company reported revenue of $4.40 billion, higher than the estimated $4.11 billion.
  • Basic EPS: Earnings per share (EPS) were 14 cents, exceeding the estimate of 13 cents.
  • Operating Income: Operating income was $2.00 billion, beating the forecasted $1.73 billion.
  • Analyst Ratings: The stock has 7 ‘Buy’ ratings, 8 ‘Hold’ ratings, and 2 ‘Sell’ ratings from analysts.

A look at Grupo Mexico Sab De Cv Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth2
Resilience4
Momentum5
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 mining company that deals with copper, silver, gold, and other minerals, has a promising long-term outlook according to Smartkarma Smart Scores. With a high score in momentum and resilience, the company seems to be in a strong position to weather market fluctuations and continue to grow steadily. Additionally, its above-average scores in dividend and value indicate a stable and potentially profitable investment opportunity for those looking for income and value appreciation in the long run.

Grupo Mexico SAB de CV, renowned for its mining and processing operations, is supported by subsidiaries that manage various mining facilities and logistical infrastructure. With a mix of essential metals in its portfolio and a strong foothold in the mining industry, Grupo Mexico has garnered positive scores across multiple aspects, hinting at a promising future ahead for investors seeking a reliable and potentially rewarding investment in the mining sector.


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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