Earnings Outlook For Betterware de Mexico SAPI

Betterware de Mexico SAPI (NASDAQ:BWMX) will release its quarterly earnings report on Thursday, 2024-10-24. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Betterware de Mexico SAPI to report an earnings per share (EPS) of $0.41.

Anticipation surrounds Betterware de Mexico SAPI's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Earnings Track Record

During the last quarter, the company reported an EPS missed by $0.03, leading to a 5.41% drop in the share price on the subsequent day.

Here's a look at Betterware de Mexico SAPI's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.50

0.57

0.28

0.33

EPS Actual

0.47

0.47

0.62

0.31

Price Change %

-5.0%

-12.0%

8.0%

-38.0%

Tracking Betterware de Mexico SAPI's Stock Performance

Shares of Betterware de Mexico SAPI were trading at $12.35 as of October 22. Over the last 52-week period, shares are down 28.76%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

Analyst Insights on Betterware de Mexico SAPI

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Betterware de Mexico SAPI.

Betterware de Mexico SAPI has received a total of 5 ratings from analysts, with the consensus rating as Buy. With an average one-year price target of $22.5, the consensus suggests a potential 82.19% upside.

Peer ...