Investing.com - America Movil ADR reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
America Movil ADR announced earnings per share of Mex$4.8 on revenue of Mex$253.38B. Analysts polled by Investing.com anticipated EPS of Mex$6.43 on revenue of Mex$245.52B.
America Movil ADR shares are up 23.59% from the beginning of the year and are trading at Mex$17.97 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
America Movil ADR follows other major Services sector earnings this month
America Movil ADR'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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