Investing.com - America Movil (NYSE:AMX) ADR A reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
America Movil ADR A announced earnings per share of Mex$0.4713 on revenue of Mex$10.37B. Analysts polled by Investing.com anticipated EPS of Mex$0.3737 on revenue of Mex$10.45B.
America Movil ADR A shares are down 1.05% from the beginning of the year, still down 6.97% from its 52 week high of Mex$22.39 set on April 18. They are under-performing the EUR/USD which is down 0% from the start of the year.
America Movil ADR A follows other major Communication Services sector earnings this month
America Movil ADR A's report follows an earnings missed by Alphabet C on Tuesday, who reported EPS of Mex$24.62 on revenue of Mex$68.01B, compared to forecasts EPS of Mex$25.75 on revenue of Mex$68.08B.
Alphabet A had missed expectations on Tuesday with first quarter EPS of Mex$24.62 on revenue of Mex$68.01B, compared to forecast for EPS of Mex$25.89 on revenue of Mex$68.08B.
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