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Betterware de Mexico SAPI de C (BWMX) Q3 Earnings Miss Estimates
BWMXBetterware de México(BWMX) ZACKS·2024-10-24 22:56

Company Performance - Betterware de Mexico SAPI de C reported quarterly earnings of 0.26pershare,missingtheZacksConsensusEstimateof0.26 per share, missing the Zacks Consensus Estimate of 0.29 per share, and down from 0.31pershareayearago,representinganearningssurpriseof10.340.31 per share a year ago, representing an earnings surprise of -10.34% [1] - The company posted revenues of 176.15 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 4.72%, but down from 183.09millionyearoveryear[1]Overthelastfourquarters,BetterwaredeMexicohassurpassedconsensusrevenueestimatesfourtimes[1]MarketPerformanceBetterwaredeMexicoshareshavelostabout11.8183.09 million year-over-year [1] - Over the last four quarters, Betterware de Mexico has surpassed consensus revenue estimates four times [1] Market Performance - Betterware de Mexico shares have lost about 11.8% since the beginning of the year, while the S&P 500 has gained 21.5% [2] - The current Zacks Rank for Betterware de Mexico is 5 (Strong Sell), indicating expected underperformance in the near future [4] Earnings Outlook - The current consensus EPS estimate for the coming quarter is 0.47 on revenues of 181.91million,andforthecurrentfiscalyear,itis181.91 million, and for the current fiscal year, it is 1.72 on revenues of 702.45million[4]TheestimaterevisionstrendforBetterwaredeMexicoiscurrentlyunfavorable,whichmayimpactfuturestockperformance[4]IndustryContextTheConsumerProductsDiscretionaryindustry,towhichBetterwaredeMexicobelongs,iscurrentlyinthebottom40702.45 million [4] - The estimate revisions trend for Betterware de Mexico is currently unfavorable, which may impact future stock performance [4] Industry Context - The Consumer Products - Discretionary industry, to which Betterware de Mexico belongs, is currently in the bottom 40% of the Zacks industry rankings [5] - Research indicates that the top 50% of Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1 [5] - Spectrum Brands, another company in the same industry, is expected to report quarterly earnings of 1.13 per share, reflecting a year-over-year change of -16.9% [5]