Industrias Bachoco SAB (NYSE:IBA) reported its Q3 earnings results on Monday, October 25, 2021 at 09:00 AM.
Here's what investors need to know about the announcement.
Earnings
Industrias Bachoco SAB beat their estimated earnings by 3.8%, which did not surprise analysts.
Revenue was up $152,800,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.65, which was followed by a 2.11% increase in the share price the next day.
Here's a look at Industrias Bachoco SAB's past performance and the resulting price change:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.83 | 0.60 | 0.60 | 0.19 |
| EPS Actual | 1.48 | 2.06 | 0.73 | 0.75 |
| Revenue Estimate | 955.00M | 849.00M | 849.00M | 735.00M |
| Revenue Actual | 1.05B | 948.00M | 918.70M | 827.30M |
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