The 10-second takeaway
For the quarter ended March 31 (Q1), America Movil beat expectations on revenues and crushed expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded and GAAP earnings per share didn't move.
Gross margins contracted, operating margins dropped, and net margins improved.
America Movil logged revenue of $15.03 billion. The nine analysts polled by S&P Capital IQ anticipated sales of $14.07 billion on the same basis. GAAP reported sales were 4.6% higher than the prior-year quarter's $14.37 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.65. The nine earnings estimates compiled by S&P Capital IQ predicted $0.50 per share. GAAP EPS of $0.03 were the same as the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 43.3%, 240 basis points worse than the prior-year quarter. Operating margin was 21.8%, 160 basis points worse than the prior-year quarter. Net margin was 17%, 310 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $14.97 billion. On the bottom line, the average EPS estimate is $0.48.
Next year's average estimate for revenue is $58.15 billion. The average EPS estimate is $1.99.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,683 members rating the stock outperform and 34 members rating it underperform. Among 438 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 433 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 $28.21.
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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.