FMX · PEAD ↑ 26

FEMSA reported Q3 2026 EPS of $1.10 on 2026-10-28, missing the $1.18 consensus by $0.08 (-6.78%); year-over-year comparison is not available in current data.

Print-day reaction was -0.45% versus the prior close, a muted negative response to the EPS miss that kept the stock broadly range-bound. The overnight gap to the T+1 open added a marginal -0.16%, indicating no meaningful after-hours follow-through to the downside. Over the subsequent two trading days (T+1 through T+3), FMX drifted +2.35%, reversing the initial negative reaction and extending to a fresh three-day high. Cumulative abnormal return of +4.65% versus SPY.US — which declined 2.28% over the same window — places this in PEAD long territory; per the documented drift pattern, the read holds through 2027-01-25.