AMX Earnings Prediction
The chart below shows how AMX performed 10 days before and after its earnings report, based on data from the past quarters. Typically, AMX sees a +0.29% change in stock price 10 days leading up to the earnings, and a +2.09% change 10 days following the report. On the earnings day itself, the stock moves by -0.10%. This data can give you a slight idea of what to expect for the next quarter's release.
AMX Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
11.81B
-1.19%
-1.00%
Gross Margin
43.29%
2.15%
-3.24%
Operating Margin
21.23%
4.17%
-4.11%
Net Margin
3.51%
114.02%
-5950.00%
EPS
0.01
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No Data Available
AMX Earnings Analysis
America Movil S.A.B de C.V American Depositary Shares (each representing the right to receive twenty Corporation (AMX.N) Earnings Conference Call
Positive
Subscriber Growth Surge: In the third quarter, we added 1.8 million subscribers, of which 1.4 million were postpaid, indicating strong customer growth.
Q3 Revenue and EBITDA Growth: Our third quarter revenue totaled MXN 223 billion with service revenue expanding 11.3% in Mexican peso terms and EBITDA increasing 11.9%.
Operating Profit Increase: Operating profit reached MXN 47.4 billion, up 14.2% in Mexican peso terms and 10% at constant exchange rates.
Quarterly Net Profit Surge: We posted a net profit of MXN 6.4 billion in the quarter, nearly trebling the one obtained a year before, equivalent to MXN 0.10 per share or $0.11 per ADR.
ESG Rating Upgrade: We received our third ESG rating upgrade by MSCI, reflecting improvements in corporate governance, security, and data progress.
Negative
Treasury Yield Decline: The 10-year US Treasury yields fell by 85 basis points from the beginning of the quarter through mid-September to a low of 3.6%.
Subscriber Growth Decline: In the third quarter, we added 1.8 million subscribers, of which 1.4 million were postpaid, indicating a decline in growth compared to previous quarters.
Customer Retention Decline: We disconnected 83,000 landlines and 30,000 PayTV units in the quarter, reflecting a negative trend in customer retention.
Access Growth Trends: Mobile postpaid and fixed broadband continued to be the main drivers of access growth with only 5.9% and 5.2% year-on-year growth, respectively, indicating a slowdown in growth rates.
Net Debt Increase: Our net debt increased by MXN 7.3 billion relative to December 2023, reflecting increased leverage and financial strain.
AMX FAQs
How does AMX typically perform around its earnings report dates?
Is América Móvil, S.A.B. de C.V. (AMX) Q3 2024 Earnings Call Summary positive or negative?
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AMX Earning Call Sentiment
América Móvil, S.A.B. de C.V. (AMX) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
AMX.N
0.7%Positive
The earnings call summary reflects strong financial performance with revenue and EBITDA growth, improved leverage, and significant shareholder returns. Despite challenges in subscriber growth and currency fluctuations, the company maintains a stable outlook and proactive strategies. The Q&A reveals competitive positioning in broadband markets and strategic partnerships, although some lack of clarity in satellite connectivity details. Given these factors, along with increased share buybacks and dividends, a positive stock price movement is anticipated, assuming the market cap is not large enough to dampen the reaction.
