Benzinga | Oct 25, 2021 10:05AM EDT

Recap: Industrias Bachoco SAB Q3 Earnings



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 2020EPS Estimate 0.83 0.60 0.60 0.19EPS Actual 1.48 2.06 0.73 0.75Revenue Estimate 955.00M 849.00M 849.00M 735.00MRevenue Actual 1.05B 948.00M 918.70M 827.30M

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