Analysts See $1.64 EPS for Industrias Bachoco, S.A.B. de C.V. (IBA)

June 27, 2018 - By Nellie Frank

Industrias Bachoco, S.A.B. de C.V. (NYSE:IBA) Logo

Analysts expect Industrias Bachoco, S.A.B. de C.V. (NYSE:IBA) to report $1.64 EPS on July, 25.They anticipate $0.26 EPS change or 13.68 % from last quarter’s $1.9 EPS. IBA’s profit would be $82.01 million giving it 8.84 P/E if the $1.64 EPS is correct. After having $1.37 EPS previously, Industrias Bachoco, S.A.B. de C.V.’s analysts see 19.71 % EPS growth. The stock decreased 0.57% or $0.33 during the last trading session, reaching $57.97. About 100 shares traded. Industrias Bachoco, S.A.B. de C.V. (NYSE:IBA) has risen 3.05% since June 27, 2017 and is uptrending. It has underperformed by 9.52% the S&P500.

Industrias Bachoco, S.A.B. de C.V., through its subsidiaries, operates as a poultry producer in Mexico and the United States. The company has market cap of $2.90 billion. The firm primarily engages in the breeding, processing, and marketing of chicken, eggs, swine, and balanced animal feed. It has a 10.65 P/E ratio. It also offers value-added turkey and beef products; and produces and distributes medicines and vaccines for animal consumption.

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