America Movil stock profit rises 7% but misses forecasts

America Movil reported higher third-quarter profit on October 20, but the result fell short of analyst expectations. Reuters via Fidelity said net profit reached 24.28 billion Mexican pesos, up 7 percent from the year-earlier quarter, while revenue rose to 250.63 billion pesos.

The outcome was weaker than the forecasts compiled by LSEG. Analysts had expected net profit of 1.51 billion US dollars and revenue of 14.05 billion US dollars, compared with the reported 1.34 billion US dollars of profit and 13.86 billion US dollars of revenue at the exchange rate cited in the report.

Growth Still Faces Execution Pressure

The figures leave America Movil with a mixed operating signal. Revenue continued to expand, showing that demand across its telecommunications markets remained supportive. The earnings shortfall, however, keeps pricing, customer growth and cost control in focus for investors. A higher profit than a year earlier does not by itself remove the risk that expectations have moved ahead of the business.

Cash generation and balance-sheet discipline are additional parts of the investment case. The company has highlighted cash flow as a source of funding for network investment and shareholder distributions, while debt reduction has helped lower leverage. Those factors can support financial flexibility, but the next results will show whether operating growth is strong enough to close the gap with forecasts.

America Movil stock traded at 23.20 euros on Lang & Schwarz at 13:33 CET on Monday, November 9, 2026.

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