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Amer Movil: Q2 Earnings Snapshot
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MEXICO CITY (AP) — MEXICO CITY (AP) — Amer Movil (AMX) on Tuesday reported second-quarter net income of $1.4 billion.

On a per-share basis, the Mexico City-based company said it had net income of 47 cents.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 52 cents per share.

The telecommunications company posted revenue of $13.86 billion in the period.

Amer Movil shares have risen 26% since the beginning of the year. The stock has risen 52% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AMX at https://www.zacks.com/ap/AMX

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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