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Industrias Bachoco: 2Q Earnings Snapshot

CELAYA, Mexico (AP) _ Industrias Bachoco SAB de CV (IBA) on Monday reported a second-quarter loss of $1.5 million, after reporting a profit in the same period a year earlier.

The Celaya, Mexico-based company said it had a loss of 3 cents per share.

The poultry producer posted revenue of $715.7 million in the period.

Industrias Bachoco shares have fallen 28% since the beginning of the year. In the final minutes of trading on Monday, shares hit $37.21, a drop of 30% in the last 12 months.


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