BBB Foods (TBBB) Expected to Announce Earnings on Wednesday

BBB Foods (NYSE:TBBB) is anticipated to release its earnings data after the market closes on Wednesday, April 9th. Analysts expect BBB Foods to post earnings of $1.02 per share and revenue of $16.87 billion for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

BBB Foods Stock Down 10.1 %

Shares of TBBB opened at $25.24 on Monday. BBB Foods has a 12-month low of $19.31 and a 12-month high of $35.22. The company’s 50 day simple moving average is $27.12 and its 200-day simple moving average is $29.55. The company has a debt-to-equity ratio of 1.72, a quick ratio of 0.54 and a current ratio of 0.79.

Analyst Upgrades and Downgrades

Separately, Itau BBA Securities initiated coverage on BBB Foods in a report on Wednesday, January 22nd. They set a “market perform” rating and a $32.00 price objective on the stock. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $32.00.

BBB Foods Company Profile

BBB Foods Inc, through its subsidiaries, operates a chain of grocery retail stores in Mexico. It offers household cleaning, personal hyenine, cosmetics and beauty, pharmacy, and general merchandise products, as well as jellies and desserts, foods and drinks, pet supplies, coffee, tea, chocolates, breads, dry and frozen foods, snacks and sweets, and toilet papers and napkins.