BBB Foods (NYSE:TBBB) Issues Earnings Results

BBB Foods (NYSE:TBBB) posted its quarterly earnings results on Wednesday. The company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.02 by ($1.03), Zacks reports. The business had revenue of $784.03 million during the quarter, compared to analysts’ expectations of $16.87 billion.

BBB Foods Stock Performance

TBBB opened at $26.62 on Thursday. BBB Foods has a 1 year low of $19.31 and a 1 year high of $35.22. The company has a debt-to-equity ratio of 1.72, a current ratio of 0.79 and a quick ratio of 0.54. The stock has a fifty day moving average price of $26.60 and a 200 day moving average price of $29.37.

Wall Street Analysts Forecast Growth

Separately, Itau BBA Securities assumed coverage on BBB Foods in a research note on Wednesday, January 22nd. They set a “market perform” rating and a $32.00 price objective for the company. Four analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, BBB Foods has an average rating of “Hold” and an average price target of $32.83.

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.