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Mexican telecommunications giant America Movil on Tuesday posted a 55.2% decrease in its first-quarter net profit, landing at 13.5 billion pesos, as a stronger peso diluted earnings from abroad.
Amer Movil (AMX) reported earnings 30 days ago. What's next for the stock?
Arch Capital (ACGL), Suzano (SUZ), Carlisle (CSL), HCA Healthcare (HCA) and America Movil (AMX) are some of the stocks with high ROE to profit from as markets swing wildly.
America Movil's (AMX) fourth-quarter 2023 results are affected by softness in the Service and Equipment business segments.
Mexican telecommunications giant America Movil said on Wednesday it expected capital expenditure of around $7 billion this year, following years of significant spending on buying spectrum and refreshing its network infrastructure.
Mexican telecommunications giant America Movil on Tuesday posted an 31.7% increase in its fourth-quarter net profit, landing at 18.062 billion pesos ($1.065 billion).
Amer Movil (AMX) possesses solid growth attributes, which could help it handily outperform the market.
Amer Movil (AMX) reported earnings 30 days ago. What's next for the stock?
A report issued last quarter by investment bank Lazard portends well for emerging market stocks. According to the bank, “Emerging markets equities are in line to benefit from improving economic growth more than developed markets are, driven primarily by emerging Asia and information technology companies.
América Móvil NYSE: AMX is an interesting telecom opportunity for investors, given its performance relative to US-based competition and the outlook for emerging markets next year. This company is performing in alignment with its competition(including FX headwinds), and emerging markets are expected to outpace the developed world by more than 2:1 in 2024.