Investing.com - Industrias Bachoco ADR reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Industrias Bachoco ADR announced earnings per share of Mex$2.06 on revenue of Mex$948M. Analysts polled by Investing.com anticipated EPS of Mex$1.55 on revenue of Mex$929.87M.
Industrias Bachoco ADR shares are down 2.61% from the beginning of the year, still down 8.87% from its 52 week high of Mex$48.26 set on December 8, 2020. They are under-performing the EUR/USD which is down 0% from the start of the year.
Industrias Bachoco ADR shares gained 1.55% in after-hours trade following the report.
Industrias Bachoco ADR follows other major Consumer/Non-Cyclical sector earnings this month
Industrias Bachoco ADR's report follows an earnings beat by Procter&Gamble on April 20, who reported EPS of Mex$1.26 on revenue of Mex$18.11B, compared to forecasts EPS of Mex$1.19 on revenue of Mex$17.96B.
Coca-Cola had beat expectations on April 19 with first quarter EPS of Mex$0.55 on revenue of Mex$9B, compared to forecast for EPS of Mex$0.5039 on revenue of Mex$8.68B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar