- Net Income Falls Short: Grupo Mexico reported a net income of $820.1 million, which was below the estimated $905.3 million.
- Revenue Slightly Below Expectations: The company’s revenue came in at $4.13 billion, slightly under the forecast of $4.18 billion.
- Basic Earnings Per Share (EPS): The basic EPS was 11 cents, missing the expected 12 cents per share.
- Operating Income Reported: Grupo Mexico’s operating income was reported at $1.85 billion.
- Market Analyst Ratings: The current analyst ratings for the company include 8 buys, 7 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 mining company engaged in the extraction and processing of various metals, has a promising long-term outlook based on its Smartkarma Smart Scores. With a solid score of 4 in Dividend and Resilience, the company demonstrates stability and commitment to rewarding its investors. Additionally, a Momentum score of 5 indicates strong positive growth potential. Despite a lower score in Growth at 2, Grupo Mexico Sab De Cv‘s overall outlook appears optimistic, especially with a Value score of 3 suggesting attractive investment opportunities.
Grupo Mexico SAB de CV operates in the mining sector with a focus on copper, silver, gold, molybdenum, lead, and zinc. The company also manages railway concessions, adding diversity to its operations. Through its subsidiaries, Grupo Mexico runs a variety of mining operations including open-pit and underground mines, as well as smelting and refining facilities. This diverse portfolio positions the company well for long-term growth and success in the mining industry.
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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