U.S. Markets closed

Industrias Bachoco: 3Q Earnings Snapshot

CELAYA, Mexico (AP) _ Industrias Bachoco SAB de CV (IBA) on Wednesday reported third-quarter earnings of $10 million.

On a per-share basis, the Celaya, Mexico-based company said it had net income of 20 cents.

The poultry producer posted revenue of $754 million in the period.

Industrias Bachoco shares have fallen 16 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $48.30, a decrease of 18 percent 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