Fomento Economico Mexicano (FMX) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $1.10
- Estimate
- $1.11
- Surprise
- -1.0%
- Score at report (before → after)
- 6.0 → 6.1/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Fomento Economico Mexicano (FMX) missed the $1.11 estimate with adjusted EPS of $1.10 — a modest 1.0% shortfall. TrendMatrix's engine moved from Buy (Wait) (6.0/10) to Sell at 6.1/10 after the report — the engine's score rose despite the miss.
Coverage in the report window
- Fomento Economico Q3 2026 Earnings Call Transcript — benzinga, 2026-10-28
- FEMSA Announces Third Quarter 2026 Financial Results — fiscal.ai, 2026-10-28
- Fomento Economico Q3 EPS $1.10 Misses $1.18 Estimate, Sales $13.654B Beat $13.460B Estimate — benzinga, 2026-10-28
Where TrendMatrix's rating stands now
TrendMatrix currently rates FMX Sell at 6.1/10.
1 of the last 4 quarters beat the estimate; this quarter's -1.0% surprise compares with a +45.6% four-quarter average.
What supports the rating
- Sector modifier (Consumer Defensive): +0.8
- Strong growth profile
What argues against it
- Earnings expected to decline ~67% (cyclical peak)
- Analyst target reached - limited upside remaining
- V7 low-quality RISK_OFF penalty: -0.5 (Q=5.1)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $123.70
- Stop
- $117.64
Forward estimates sit below the trailing run-rate (24.0× forward vs 8.0× trailing) — consensus expects earnings to decline from here.
Risk check: trading volume is running 1.9× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-10-29 — shown for context, not personalized investment advice.
FMX at TrendMatrix's latest read
Defensive staples are judged on margin resilience: pricing power against input costs matters more here than top-line drama.
- Industry
- Beverages - Brewers
- Market cap
- $42.14B
- P/E (fwd)
- 24.0
- P/E (ttm)
- 8.0
- 52-week range
- $90.87–$141.47
- Off 52-week high
- 12.6%
- RSI (14)
- 66
- Volume vs avg
- 1.86×
- Score today
- 6.1/10