Coca-Cola FEMSA (NYSE:KOF – Get Free Report) announced its quarterly earnings results on Monday. The company reported $1.55 EPS for the quarter, meeting the consensus estimate of $1.55, Zacks reports. Coca-Cola FEMSA had a return on equity of 16.23% and a net margin of 8.16%. The business had revenue of $4.03 billion for the quarter, compared to analyst estimates of $3.76 billion. During the same quarter in the prior year, the company posted $1.32 EPS.
Coca-Cola FEMSA Trading Down 0.0 %
Shares of NYSE:KOF traded down $0.03 during trading on Thursday, hitting $85.51. 3,989 shares of the stock were exchanged, compared to its average volume of 163,432. Coca-Cola FEMSA has a 12-month low of $69.33 and a 12-month high of $104.38. The company has a fifty day moving average price of $88.54 and a two-hundred day moving average price of $93.60. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.05 and a quick ratio of 0.87.
Coca-Cola FEMSA Cuts Dividend
The business also recently announced a semi-annual dividend, which will be paid on Friday, July 26th. Shareholders of record on Monday, July 15th will be given a dividend of $0.8325 per share. The ex-dividend date is Monday, July 15th. This represents a yield of 3.7%. Coca-Cola FEMSA’s payout ratio is currently 13.20%.
Analysts Set New Price Targets
Check Out Our Latest Analysis on KOF
About Coca-Cola FEMSA
Coca-Cola FEMSA, SAB. de C.V., a franchise bottler, produces, markets, sells, and distributes Coca-Cola trademark beverages. The company offers sparkling beverages, including colas and flavored sparkling beverages; and waters and other beverages, such as juice drinks, coffee, teas, milk, value-added dairy products, sports and energy drinks, alcoholic beverages, and plant-based drinks.
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