Earnings Alerts

Wal-Mart de Mexico SAB de CV (WALMEX*) Earnings: 3Q EBITDA in Line with Estimates, Revenue and Net Income Slightly Below Expectations

By October 24, 2024 No Comments
  • Walmex reported an EBITDA of MXN24.46 billion for the third quarter, representing a 6.5% year-over-year increase. This result met market expectations closely, with estimates at MXN24.64 billion.
  • The company recorded a net income of MXN12.93 billion, slightly below the anticipated MXN13.65 billion.
  • Walmex’s revenue reached MXN230.19 billion, showing an 8% rise compared to the previous year, surpassing the estimate of MXN228.82 billion.
  • The basic earnings per share (EPS) were MXN0.74, just under the forecasted MXN0.77.
  • Operating income came in at MXN18.72 billion, not far off from the estimation of MXN19.05 billion.
  • The analyst consensus on Walmex stock includes 13 buy ratings, 6 holds, and 1 sell.

A look at Wal-Mart de Mexico SAB de CV Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth3
Resilience4
Momentum3
OVERALL SMART SCORE3.2

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

According to Smartkarma Smart Scores, Wal-Mart de Mexico SAB de CV shows a mixed long-term outlook. With a Value score of 2, the company may be considered fairly priced but not undervalued. On the other hand, its Dividend and Resilience scores of 4 indicate that the company is strong in terms of dividend payments and ability to withstand economic challenges. The Growth and Momentum scores, both at 3, suggest moderate growth potential and stable performance in the market.

Wal-Mart de Mexico SAB de CV, known for retailing food, clothing, and various merchandise through different store formats like Wal-Mart Supercenters and Sam’s Club, appears to have a solid foundation with strong dividend payouts and resilience against market fluctuations. While there is room for growth and opportunities to build momentum, investors may find comfort in the company’s stability and consistent performance in the retail 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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