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

BBB Foods (NYSE:TBBB) issued its quarterly earnings data on Wednesday. The company reported ($0.01) EPS for the quarter, missing the consensus estimate of $1.02 by ($1.03), Zacks reports.

BBB Foods Trading Up 7.2 %

Shares of BBB Foods stock traded up $1.78 on Wednesday, reaching $26.62. The company’s stock had a trading volume of 1,382,921 shares, compared to its average volume of 841,533. The company has a quick ratio of 0.54, a current ratio of 0.79 and a debt-to-equity ratio of 1.72. The firm’s fifty day simple moving average is $26.76 and its two-hundred day simple moving average is $29.42. BBB Foods has a 52 week low of $19.31 and a 52 week high of $35.22.

Analyst Upgrades and Downgrades

Separately, Itau BBA Securities started coverage on shares of BBB Foods in a report on Wednesday, January 22nd. They set a “market perform” rating and a $32.00 price objective for the company. Five analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $32.00.

About BBB Foods

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.