AMX Stock Recent News

AMX delivers a solid Q1 2025 performance, fueled by steady growth in its Service and Equipment segments, despite climbing costs.

América Móvil, S.A.B. de C.V. (NYSE:AMX ) Q1 2025 Results Conference Call April 30, 2025 11:00 AM ET Company Participants Daniela Lecuona - Head, Investor Relations Daniel Hajj - Chief Executive Officer Carlos Garcia Moreno - Chief Financial Officer Oscar Von Hauske - Chief Operating Officer Conference Call Participants Leonardo Olmos - UBS Walter Piecyk - LightShed Marcelo Santos - JPMorgan Phani Kanumuri - HSBC Vitor Tomita - Goldman Sachs Lucca Brendim - Bank of America Carlos Legarreta - Itau Operator Good morning.

Mexican telecommunications giant America Movil on Tuesday reported a 39% jump in its first-quarter net profit compared to the same period in 2024, citing an increase in operating profit and a decrease in financing costs.

Business performance and cash flow have improved, alongside a stock price decline, supporting a new price target of $23.72, a 65% upside potential. Postpaid growth, ARPU improvements, and EBITDA expansion signal the success of management's strategy, while reduced peso volatility and declining interest rates are easing financial risks. Rising trade protectionism poses a potential challenge, but América Móvil's reduced capital expenditures and localized market strategies help offset this risk, supporting a 'Buy' rating.

América Móvil, S.A.B. de C.V. (NYSE:AMX ) Q4 2024 Earnings Call February 12, 2025 10:00 AM ET Company Participants Daniela Lecuona - Head, Investor Relations Daniel Hajj - Chief Executive Officer Oscar Von Hauske - Chief Operating Officer Carlos Garcia Moreno - Chief Financial Officer Conference Call Participants Carlos de Legarreta - Itau BBA Marcelo Santos - JPMorgan Vitor Tomita - Goldman Sachs Andrés Coello - Scotiabank Alejandro Azar - GBM Phani Kanumuri - HSBC Gustavo Farias - UBS Ernesto González - Morgan Stanley Juan Cruz - Morgan Stanley Operator Good morning.

AMX's fourth-quarter 2024 performance is driven by steady growth across the Service and Equipment segments amid increasing expenses.

Mexican telecommunications giant America Movil on Tuesday reported a 48% fall in its fourth-quarter net profit, well below analysts' expectations, with the company citing foreign-exchange losses even as its revenues rose.

América Móvil, S.A.B. de C.V. (NYSE:AMX ) Q3 2024 Earnings Call Transcript October 16, 2024 11:00 AM ET Company Participants Daniela Lecuona - Head of IR Daniel Hajj - CEO Carlos Garcia Moreno - CFO Oscar von Hauske - COO Conference Call Participants Milenna Okamura - Goldman Sachs Walter Piecyk - Lightshed Partners Marcelo Santos - JPMorgan Gustavo Farias - UBS Ernesto Gonzalez - Morgan Stanley Phani Kanumuri - HSBC Alejandro Lavin - Santander Lucca Brendim - Bank of America Carlos Sequeira - BTG Pactual Carlos Legarreta - ITAU Camila Koga - BBI Operator Good morning.

Shares in Mexican telecommunications giant America Movil jumped 2% in Wednesday morning trading after the company reported strong results in the third quarter.

Mexican telecommunications giant America Movil reported on Tuesday that it more than tripled its net profit in the third quarter from a year ago, citing a weaker peso boosting its foreign earnings and lower financing costs.