- United States
- /
- Food and Staples Retail
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- NYSE:TBBB
BBB Foods Second Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag
BBB Foods (NYSE:TBBB) Second Quarter 2024 Results
Key Financial Results
- Net income: Mex$331.3m (up by Mex$331.3m from 2Q 2023).
- EPS: Mex$2.95.
All figures shown in the chart above are for the trailing 12 month (TTM) period
BBB Foods EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) exceeded analyst estimates.
Looking ahead, revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Consumer Retailing industry in the US.
Performance of the American Consumer Retailing industry.
The company's shares are up 4.9% from a week ago.
Balance Sheet Analysis
While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on BBB Foods' balance sheet.
Valuation is complex, but we're here to simplify it.
Discover if BBB Foods might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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This article by Simply Wall St is general in nature. We provide commentary 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. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NYSE:TBBB
BBB Foods
Through its subsidiaries, operates a chain of grocery retail stores in Mexico.
Exceptional growth potential with adequate balance sheet.