BBB Foods (NYSE:TBBB) Issues Earnings Results, Misses Expectations By $1.03 EPS

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

BBB Foods Stock Performance

BBB Foods stock opened at $26.74 on Friday. The company has a debt-to-equity ratio of 1.72, a quick ratio of 0.54 and a current ratio of 0.79. The stock’s 50 day simple moving average is $26.51 and its two-hundred day simple moving average is $29.33. BBB Foods has a 12 month low of $19.31 and a 12 month high of $35.22.

Wall Street Analyst Weigh In

Separately, Itau BBA Securities initiated coverage on BBB Foods in a research report on Wednesday, January 22nd. They set a “market perform” rating and a $32.00 target price on the stock. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus 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.