Fomento Economico Mexicano (FMX) Earnings
Should You Buy FMX Before Earnings?
Based on the last three years of earnings reports, buying FMX stock within four weeks before its earnings date yielded an average return of 1.54%.
The best time to buy before earnings was 21 days before, which yielded an average return of 2.50% by the earnings date. The worst time was 1 day before, which yielded an average return of 0.37%.
Report dates analyzed: Feb 28 2022 - Oct 25 2024*Disclaimer: Past performances is not a guarantee of future results.
Should You Buy FMX After Earnings?
Based on the last three years of earnings reports, on average, FMX has gone up 1.69% shortly after its earnings date. The price peaks 21 days after earnings and is on average 3.15% higher than its closing price on day of earnings.
Since FMX has typically gone up after earnings, you might want to consider buying the stock before.
Report dates analyzed: Oct 28 2021 - Jul 25 2024*Disclaimer: Past performances is not a guarantee of future results.
Average Gains
The average return if you bought Fomento Economico Mexicano before its earnings report and sold at close on its earnings day.
Period | 28 Day Before | 21 Days Before | 14 Days Before | 7 Days Before | 1 Day Before | Day Of |
---|---|---|---|---|---|---|
Past 4 Earnings | 0.46% | 1.15% | 0.12% | 1.46% | 0.45% | -0.04% |
Past 8 Earnings | 3.14% | 3.96% | 3.58% | 2.21% | 0.94% | 0.65% |
Past 12 Earnings | 0.80% | 2.51% | 2.12% | 1.49% | 0.30% | 0.18% |
FMX Earnings History
Report Date | 28 Day Before | 21 Days Before | 14 Days Before | 7 Days Before | 1 Day Before | Day Of | 1 Day After | 7 Days After | 14 Days After | 21 Days After | 28 Days After |
---|---|---|---|---|---|---|---|---|---|---|---|
2024-10-25 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
2024-07-25 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
2024-04-25 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
2024-02-26 | 136.10 4.26% | 137.54 3.17% | 141.90 0.00% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
2023-10-27 | 109.15 -2.43% | 105.01 1.42% | 106.01 0.46% | 100.62 5.84% | 104.62 1.80% | 106.50 -0.14% | 111.98 5.15% | 120.94 13.56% | 118.96 11.70% | 126.77 19.03% | 123.72 16.17% |
2023-07-28 | 110.84 2.65% | 111.18 2.34% | 108.42 4.94% | 108.64 4.73% | 110.72 2.76% | 113.78 2.12% | 113.25 -0.47% | 110.78 -2.64% | 111.72 -1.81% | 116.04 1.99% | 116.66 2.53% |
2023-04-27 | 95.04 0.21% | 93.10 2.30% | 94.03 1.29% | 95.35 -0.12% | 94.83 0.43% | 95.24 0.25% | 97.02 1.87% | 96.33 1.14% | 100.78 5.82% | 100.58 5.61% | 97.93 2.82% |
2023-02-27 | 86.03 7.86% | 83.21 11.51% | 84.85 9.36% | 92.24 0.60% | 92.59 0.22% | 92.79 0.00% | 91.92 -0.94% | 91.62 -1.26% | 87.47 -5.73% | 88.00 -5.16% | 91.57 -1.32% |
2022-10-28 | 62.75 12.53% | 63.67 10.90% | 62.70 12.62% | 66.21 6.65% | 69.00 2.33% | 70.61 2.98% | 71.62 1.43% | 73.90 4.66% | 77.01 9.06% | 79.60 12.73% | 79.78 12.99% |
2022-08-02 | 64.47 -7.40% | 59.89 -0.32% | 60.47 -1.27% | 59.96 -0.43% | 61.11 -2.31% | 59.70 -2.36% | 59.60 -0.17% | 60.54 1.41% | 66.05 10.64% | 66.00 10.55% | 64.37 7.82% |
2022-05-02 | 82.32 -10.46% | 79.30 -7.05% | 79.38 -7.14% | 76.15 -3.20% | 74.74 -1.38% | 73.71 -2.55% | 72.01 -2.31% | 69.31 -5.97% | 76.23 3.42% | 74.06 0.48% | 75.57 2.52% |
Methodology
We analyzed the past three years of FMX's earnings reports to calculate the average change in price of the stock before and after earnings.
Before Earnings
For calculating the average gains if you bought prior to earnings, we looked at the closing price of 5 different dates and compared them to the closing price of FMX on the day of the earnings report to calculate the return. The dates analyzed are:
- 28 days prior (4 weeks)
- 21 days prior (3 weeks)
- 14 days prior (2 weeks)
- 7 days prior (1 week)
- 1 day prior
This simulates an individual purchasing FMX stock on one of those days and selling on the day of the earnings report.
After Earnings
For calculating the average gains if you bought FMX stock on the day of earnings, we looked at the closing price of FMX on the day of the earnings and then compared it to 5 dates after. The dates analyzed are:
- 1 day after
- 7 days after (1 week)
- 14 days after (2 weeks)
- 21 days after (3 weeks)
- 28 day after (4 weeks)
This simulates an individual purchasing FMX stock on the day of the earnings report and then selling on one of the dates following.
Day of
To calculate the gains on the day of earnings, we compared the opening price of FMX to the closing price on the day of earnings - regardless if the earnings call was pre- or post-market.
$FMX im in.
$FMX Be patient !!
$FMX what V recovery or fake pump
$FMX Shorts talk the talk but cant walk the walk
$FMX Guys when can we expect that 30% drop?
$FMX I hope I never have to work for anyone again after this
$FMX dont be a POS today
$FMX we had no volume for days before the last big rip
$FMX just waiting to short this bad boy.
$FMX just bought a half position.