America Movil stock: Q3 profit rises 7% but misses forecast

Published on 11/06/2026 at 15:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

America Movil stock is in focus after third-quarter revenue growth and a profit miss against analyst forecasts. Cash generation supported lower leverage.

Profit Miss Meets Operating Growth

America Movil's third-quarter revenue increased while net profit fell short of analyst expectations.
Subscriber gains, margin expansion and lower leverage support the operating picture.
Management maintained its capital spending framework for the current planning cycle.

AMX, US02390A1016, Illustration mit AI erstellt.

America Movil reported third-quarter net profit of 24.28 billion Mexican pesos on October 20, 2026, up 7 percent from a year earlier but below the forecast cited by Reuters. Revenue rose to 250.63 billion Mexican pesos, while the company continued to benefit from mobile-service demand and tighter balance-sheet management.

Reuters reported that analysts polled by LSEG had expected net profit of 1.51 billion US dollars and revenue of 14.05 billion US dollars. The revenue outcome was stronger than expected, but the profit shortfall leaves foreign-exchange and financing costs important for investors assessing how much operating growth reaches the bottom line. The report was published by Reuters.

Growth Broadens Beyond Mobile

America Movil added 3.1 million postpaid subscribers in the quarter, with Brazil leading the additions. Mobile postpaid and fixed broadband accesses remained the main customer-growth drivers, while EBITDA growth outpaced service-revenue growth at constant exchange rates.

The company said EBITDA reached a 40.8 percent margin. Cash flow funded capital spending during the first nine months and helped reduce net debt, giving the balance sheet more room even as the earnings miss limits the immediate read-through for profit momentum.

Current Quote And Investor Context

America Movil stock traded at 22.60 euros on Lang & Schwarz at 15:37 CET on Friday, November 6; the real-time quote of America Movil stock is available.