Report
Alex Zhao
EUR 101.80 For Business Accounts Only

America Movil Posted Solid 3Q Results, but Colombian Ruling Weighed on Earnings; Cutting FVE to $19

America Movil continued to benefit from further recovery in the Brazilian and Mexican wireless markets, where the firm booked strong wireless customer gains and saw solid growth in pricing. The firm saw continued top-line growth of varying degrees in most of South America (Colombia, Argentina, Chile and Peru), Central America, the U.S. and Austria, offset in part by weakness in Caribbean markets and Ecuador. Total revenue was down 2% year over year due to unfavorable currency movements, natural ...
Underlying
America Movil S.A.B. de C.V. ADS

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Alex Zhao

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