Why Is Amer Movil (AMX) Down 9% Since Last Earnings Report?

Zacks11-15

A month has gone by since the last earnings report for Amer Movil (AMX). Shares have lost about 9% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up ...

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Shares have lost about 9% in that time frame, underperforming the S&P 500.\nWill the recent negative trend continue leading up ...</p>\n\n<a href=\"https://finance.yahoo.com/news/why-amer-movil-amx-down-163013478.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Is Amer Movil (AMX) Down 9% Since Last Earnings Report?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Is Amer Movil (AMX) Down 9% Since Last Earnings Report?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-15 00:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/why-amer-movil-amx-down-163013478.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A month has gone by since the last earnings report for Amer Movil (AMX). Shares have lost about 9% in that time frame, underperforming the S&P 500.\nWill the recent negative trend continue leading up ...</p>\n\n<a href=\"https://finance.yahoo.com/news/why-amer-movil-amx-down-163013478.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AMX","symbol_name":"美洲移动","start_time":0,"source_url":"https://finance.yahoo.com/news/why-amer-movil-amx-down-163013478.html","article_id":"2483133842","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/XxozWWpdDFgGg6m0CzltLg--~B/aD02MDI7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/45c083e4721b0d0d1f6e431ec0bb5cc1"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483133842","pubTimestamp":1731601813,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"A month has gone by since the last earnings report for Amer Movil . Shares have lost about 9% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Amer Movil due for a breakout?Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.America Movil reported net income per ADR of 11 cents for third-quarter 2024, up from 4 cents in the prior-year quarter. However, the earnings missed the Zacks Consensus Estimate by 73.17%.Net income in the quarter totaled Mex$6,427 million or Mex$0.10 per share compared with Mex$2,028 million or Mex$0.03 per share in the year-ago quarter.The company’s comprehensive financing cost was Mex$28,323 million, down 4.8% from the year-ago quarter’s Mex$29,740 million.Total costs and expenses were Mex$134,036 million, u","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"AMX":"美洲移动"},"translate_title":"为什么Amer Movil(AMX)自上次收益报告以来下跌了9%？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMX":1},"content_text":"A month has gone by since the last earnings report for Amer Movil (AMX). Shares have lost about 9% in that time frame, underperforming the S&P 500.\nWill the recent negative trend continue leading up to its next earnings release, or is Amer Movil due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. \nAmerica Movil's Q3 Earnings Increase Y/Y\nAmerica Movil reported net income per ADR of 11 cents for third-quarter 2024, up from 4 cents in the prior-year quarter. However, the earnings missed the Zacks Consensus Estimate by 73.17%.Net income in the quarter totaled Mex$6,427 million or Mex$0.10 per share compared with Mex$2,028 million or Mex$0.03 per share in the year-ago quarter.The company’s comprehensive financing cost was Mex$28,323 million, down 4.8% from the year-ago quarter’s Mex$29,740 million.\nRevenues\nTotal quarterly revenues soared 9.6% to Mex$223,458 million, driven by healthy growth across the Service and Equipment segments businesses. Service revenues were Mex$188,170 million, up 11.3% year over year. Equipment revenues totaled Mex$32,247 million, up 3.7%.America Movil gained 1.8 million wireless subscribers in the third quarter. This figure includes 1.4 million postpaid subscribers. Brazil, Mexico and Colombia were the primary contributors to postpaid subscriber growth. The company had 315.8 million wireless subscribers at the third-quarter end.On the fixed-line, Broadband and Television platforms, the company ended the quarter with 74.6 million revenue-generating units.The telco operates in multiple regions, namely Mexico, Brazil, Colombia, Peru, Ecuador, Argentina, Central America, the Caribbean, Austria and Other European countries.Of these countries, Ecuador witnessed a year-over-year revenue decline of 2.3% to $253 million. The downside resulted from a slowdown across all revenue segments owing to various macroeconomic headwinds.Argentina’s revenues came in at ARS 493,726 million, up 10% from the year-ago quarter. The expansion resulted from increasing service revenues amid a downward trend in equipment revenues. The reported data for Argentina are presented in line with IAS29, reflecting the implications of inflationary accounting, as the Argentinean economy is “deemed” to be hyperinflationary for the third quarter of 2024. The company also stated that Argentina would be left out of all comparisons for consolidated data at constant exchange rates to maintain consistency.Colombia’s revenues increased 4.5% to COP 3,905 billion, owing to strength in equipment revenues. Revenues from Mexico, Brazil, Peru, Central America, and Other European regions witnessed year-over-year growth of 2.3%, 7.4%, 4.1%, 7.5%, and 4.7%, respectively. Revenues from Austria and the Caribbean declined 0.6% and 0.7%, respectively.\nOther Quarterly Details\nTotal costs and expenses were Mex$134,036 million, up 8.1% from the year-ago quarter. Overall, Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) increased 11.9% to Mex$89,422 million. The EBITDA margin came in at 40% compared with 39.2% in the year-ago quarter. The company’s operating profit rose 14.2% to Mex$47,443 million.\nLiquidity\nAs of Sept. 30, 2024, America Movil had Mex$82,809 million in cash, marketable securities and other short-term investments with Mex$428,167 million of long-term debt. \nHow Have Estimates Been Moving Since Then?\nAnalysts were quiet during the last two month period as none of them issued any earnings estimate revisions.\nVGM Scores\nAt this time, Amer Movil has a great Growth Score of A, though it is lagging a lot on the Momentum Score front with a D. However, the stock was allocated a grade of A on the value side, putting it in the top 20% for this investment strategy.\nOverall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in.\nOutlook\nAmer Movil has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nAmerica Movil, S.A.B. de C.V. Unsponsored ADR (AMX) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2483133842"}