Investing.com - America Movil (NYSE:AMX) ADR A reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
America Movil ADR A announced earnings per share of Mex$0.237 on revenue of Mex$12.51B. Analysts polled by Investing.com anticipated EPS of Mex$0.313 on revenue of Mex$11.98B.
America Movil ADR A shares are up 23.59% from the beginning of the year, still down 8.88% from its 52 week high of Mex$19.70 set on September 1. They are outperforming the EUR/USD which is down 0% from the start of the year.
America Movil ADR A follows other major Services sector earnings this month
America Movil ADR A's report follows an earnings beat by Netflix on Tuesday, who reported EPS of Mex$3.19 on revenue of Mex$7.48B, compared to forecasts EPS of Mex$2.57 on revenue of Mex$7.48B.
Verizon had beat expectations on Wednesday with third quarter EPS of Mex$1.41 on revenue of Mex$32.9B, compared to forecast for EPS of Mex$1.36 on revenue of Mex$33.32B.
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