Investing.com - America Movil ADR reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
America Movil ADR announced earnings per share of Mex$9.6 on revenue of Mex$211.23B. Analysts polled by Investing.com anticipated EPS of Mex$7.48 on revenue of Mex$211.74B.
America Movil ADR shares are down 1.8% from the beginning of the year and are trading at Mex$20.73 , 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 Communication Services sector earnings this month
America Movil ADR'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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