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Industrias Bachoco: 2Q Earnings Snapshot

CELAYA, Mexico (AP) _ Industrias Bachoco SAB de CV (IBA) on Monday reported second-quarter profit of $82.9 million.

The Celaya, Mexico-based company said it had profit of $1.66 per share.

The poultry producer posted revenue of $879.4 million in the period.

Industrias Bachoco shares have increased 27% since the beginning of the year. In the final minutes of trading on Monday, shares hit $50.32, a fall of 17% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IBA at https://www.zacks.com/ap/IBA