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
AMX Earnings Analysis
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?
AMX's stock performance around earnings reports can vary, but historical data shows specific patterns, such as a +0.29% change leading up to the report and a +2.09% change in the 10 days following the release.
Is América Móvil, S.A.B. de C.V. (AMX) Q3 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
AMX Earning Call Sentiment
América Móvil, S.A.B. de C.V. (AMX) Q3 2024 Earnings Call Transcript
AMX.N
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