América Móvil (NYSE:AMX – Get Free Report) announced its quarterly earnings results on Tuesday. The Wireless communications provider reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($0.36), Yahoo Finance reports. América Móvil had a net margin of 7.28% and a return on equity of 13.93%. The business had revenue of $11.93 billion during the quarter, compared to analyst estimates of $12.37 billion.
América Móvil Trading Down 0.5 %
Shares of AMX traded down $0.09 during mid-day trading on Thursday, reaching $17.90. The company’s stock had a trading volume of 230,211 shares, compared to its average volume of 1,498,307. América Móvil has a 52 week low of $15.99 and a 52 week high of $21.61. The stock has a market cap of $55.58 billion, a PE ratio of 16.56, a P/E/G ratio of 1.07 and a beta of 0.94. The company’s fifty day moving average price is $18.10 and its two-hundred day moving average price is $18.36. The company has a current ratio of 0.65, a quick ratio of 0.61 and a debt-to-equity ratio of 0.81.
América Móvil Increases Dividend
The company also recently announced a semi-annual dividend, which will be paid on Monday, July 22nd. Investors of record on Friday, July 12th will be given a $0.2608 dividend. This is an increase from América Móvil’s previous semi-annual dividend of $0.18. The ex-dividend date is Friday, July 12th. This represents a yield of 2.1%. América Móvil’s payout ratio is presently 25.00%.
Wall Street Analysts Forecast Growth
Get Our Latest Stock Report on América Móvil
América Móvil Company Profile
América Móvil, SAB. de C.V. provides telecommunications services in Latin America and internationally. The company offers wireless and fixed voice services, including airtime, local, domestic, and international long-distance services; and network interconnection services. It also provides data services, such as data centers, data administration, and hosting services to residential and corporate clients; value-added services, including Internet access, messaging and other wireless entertainment, and corporate services; data transmission, email services, instant messaging, content streaming, and interactive applications; and wireless security services, mobile payment solutions, machine-to-machine services, mobile banking, virtual private network services, and video calls and personal communications services.
Featured Articles
- Five stocks we like better than América Móvil
- Insider Trades May Not Tell You What You Think
- Risk Tolerance vs. Risk Appetite: Key Differences
- 3 Ways To Invest In Coffee, Other Than Drinking It
- Why This Leading Health Stock is a Buy No Matter the Market Move
- How to Calculate Retirement Income: MarketBeat’s Calculator
- Microsoft Stock: If You’re Still On The Fence, Read This
Receive News & Ratings for América Móvil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for América Móvil and related companies with MarketBeat.com's FREE daily email newsletter.