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.

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