The 10-second takeaway
For the quarter ended Dec. 31 (Q4), America Movil beat expectations on revenues and missed expectations on earnings per share.
Compared to the prior-year quarter, revenue contracted slightly and GAAP earnings per share shrank.
Gross margins shrank, operating margins increased, net margins dropped.
America Movil recorded revenue of $13.05 billion. The eight analysts polled by S&P Capital IQ predicted net sales of $12.33 billion on the same basis. GAAP reported sales were 0.5% lower than the prior-year quarter's $13.12 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Non-GAAP EPS came in at $0.32. The 10 earnings estimates compiled by S&P Capital IQ predicted $0.50 per share on the same basis. GAAP EPS of $0.02 for Q4 were 33% lower than the prior-year quarter's $0.03 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 53.9%, 3,230 basis points worse than the prior-year quarter. Operating margin was 21.1%, 230 basis points better than the prior-year quarter. Net margin was 8.9%, 620 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $13.52 billion. On the bottom line, the average EPS estimate is $0.47.
Next year's average estimate for revenue is $55.60 billion. The average EPS estimate is $2.08.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,689 members out of 1,720 rating the stock outperform, and 31 members rating it underperform. Among 478 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 473 give America Movil a green thumbs-up, and five give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on America Movil is outperform, with an average price target of $28.64.
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Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.