Investing.com - America Movil ADR reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
America Movil ADR announced earnings per share of Mex$0.6 on revenue of Mex$248.19B. Analysts polled by Investing.com anticipated EPS of Mex$6.21 on revenue of Mex$248.81B.
America Movil ADR shares are down 1.44% from the beginning of the year and are trading at Mex$14.33 , down-from-52-week-high.They are under-performing 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 Visa A on Tuesday, who reported EPS of Mex$1.38 on revenue of Mex$5.73B, compared to forecasts EPS of Mex$1.27 on revenue of Mex$5.56B.
Verizon had beat expectations on April 21 with first quarter EPS of Mex$1.31 on revenue of Mex$32.9B, compared to forecast for EPS of Mex$1.29 on revenue of Mex$32.46B.
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