América Móvil (AMX) Set to Announce Earnings on Tuesday

by · The Cerbat Gem

América Móvil (NYSE:AMX – Get Free Report) is set to issue its quarterly earnings data after the market closes on Tuesday, October 15th. Analysts expect the company to announce earnings of $0.41 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

América Móvil (NYSE:AMX – Get Free Report) last released its quarterly earnings data on Tuesday, July 16th. The Wireless communications provider reported ($0.02) earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.36). The business had revenue of $11.93 billion for the quarter, compared to analyst estimates of $12.37 billion. América Móvil had a return on equity of 7.73% and a net margin of 3.98%. On average, analysts expect América Móvil to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

América Móvil Stock Up 0.5 %

Shares of NYSE AMX opened at $16.16 on Monday. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.68 and a quick ratio of 0.63. The company has a 50-day moving average price of $16.56 and a 200-day moving average price of $17.59. The stock has a market capitalization of $50.18 billion, a P/E ratio of 14.96, a P/E/G ratio of 0.98 and a beta of 0.95. América Móvil has a 1 year low of $15.55 and a 1 year high of $20.31.

Wall Street Analyst Weigh In

A number of research firms have issued reports on AMX. StockNews.com assumed coverage on América Móvil in a research note on Thursday. They set a “strong-buy” rating for the company. Scotiabank dropped their target price on América Móvil from $18.90 to $17.80 and set a “sector perform” rating on the stock in a report on Friday, September 20th. Finally, UBS Group decreased their price target on América Móvil from $23.30 to $22.60 and set a “buy” rating for the company in a report on Thursday, July 18th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, América Móvil currently has an average rating of “Moderate Buy” and an average price target of $20.60.

Check Out Our Latest Stock Analysis on AMX

América Móvil Company Profile

(Get Free Report)

América Móvil, SAB. de C.V. provides telecommunications services in Latin America and internationally. The company offers wireless and fixed voice services, including airtime, local, domestic, and international long-distance services; and network interconnection services. It provides data services, such as data centers, data administration, and hosting services to residential and corporate clients; value-added services, including Internet access, messaging and other wireless entertainment, and corporate services; data transmission, email services, instant messaging, content streaming, and interactive applications; and wireless security services, mobile payment solutions, machine-to-machine services, mobile banking, virtual private network services, and video calls and personal communications services.

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