GET DAILY SIGNALSAmérica Móvil (AMX) Reports +7% Net Profit Growth in Q3
Key Takeaways
- Net profit rose 7% to MXN 24.28 billion (about $1.32 billion), up from MXN 22.7 billion a year earlier.
- Total revenue increased 7.6% to MXN 250.63 billion, driven by a 7.2% rise in service revenue.
- EBITDA climbed 8.9% to MXN 102.16 billion, while operating profit rose 14% to MXN 57.11 billion.
- Results landed below LSEG consensus, which had modeled net profit of about $1.51 billion on revenue of roughly $14.05 billion.
- América Móvil added 3.1 million mobile subscribers, led by Brazil, ending the quarter with 332.4 million.
- A weaker Mexican peso produced a MXN 3.6 billion exchange loss, versus a MXN 6.3 billion gain in the year-earlier quarter.
Why These Results Matter
América Móvil (AMX) stands as Latin America’s largest telecommunications operator, with control over Mexico’s Telcel and operations spanning Brazil, Colombia, and parts of Europe. Its third-quarter numbers offer a useful window into regional demand for mobile and broadband services, the level of competition, and how currency swings affect a company that reports in pesos but works across many markets. The July–September period also showed whether subscriber gains in Brazil and shifts from prepaid to postpaid plans could balance softer trends in Mexico, where Telcel’s base has declined year over year. From what I see, investors track this report for clues on pricing power and margin stability.
The Numbers Behind the Report
América Móvil reported third-quarter net profit of MXN 24.28 billion ($1.32 billion), a 7% increase from MXN 22.7 billion in the same period of 2025. That translated to MXN 0.41 per share, or $0.47 per ADR. Revenue rose 7.6% to MXN 250.63 billion, helped by a 7.2% increase in service revenue. Management pointed out that a September depreciation of the Mexican peso boosted the reported figures, while constant-currency service revenue grew 5.3%. Even so, the results missed analyst expectations from LSEG, which had projected net profit of about $1.51 billion on revenue near $14.05 billion.
Profitability metrics held up well: EBITDA increased 8.9% to MXN 102.16 billion, and operating profit climbed 14% to MXN 57.11 billion. The weaker peso added pressure on financial costs, however, producing a MXN 3.6 billion exchange loss compared with a MXN 6.3 billion gain a year earlier. On the subscriber side, the company added 3.1 million mobile subscribers in the quarter, driven by Brazil, while disconnecting 5 million prepaid lines mainly in Mexico and Colombia. Mobile subscribers reached 332.4 million at quarter-end. Broadband customers grew by 390,000 to 38.2 million, and fixed-line subscriptions rose 0.2% to 80.3 million. I also checked this using Tickeron’s AI Screener to see how the stock compares to others in the industry.
How the Market Is Responding
Sentiment ahead of the report was mixed. América Móvil (AMX) had missed consensus estimates in recent quarters, and analysts had been lowering their earnings forecasts. The third-quarter results followed that pattern: steady operational growth and higher profitability, yet a bottom line that fell short of Street expectations and a currency-related drag on financial results. The contrast between strong subscriber additions in Brazil and a shrinking Telcel base in Mexico kept the domestic outlook in focus, especially with ongoing competitive shifts in the Mexican telecom market.
Key Things I’m Monitoring Ahead
Looking forward, I’m watching closely whether América Móvil can turn its subscriber growth into lasting margin expansion, especially in Brazil where most of the quarter’s mobile additions came from. Continued migration from prepaid to postpaid plans stays important, since postpaid users usually deliver higher and steadier revenue. Currency exposure will likely remain a variable factor, because the company reports in pesos while operating in multiple markets; peso swings can alter reported revenue, profits, and costs, as seen this quarter when a sharp September drop reversed earlier gains.
In Mexico, the competitive environment deserves attention. Telcel’s subscriber base declined year over year, and the market is seeing restructuring moves among rivals. How América Móvil adjusts pricing and network spending could influence domestic trends over the coming quarters. Capital allocation also remains relevant, with the company maintaining a sizable capex program and pursuing fiber acquisitions; management’s comments on leverage and investment priorities will help gauge the balance between growth spending and returns to shareholders.
Enhancing My Analysis with AI Tools
I often turn to Tickeron’s AI tools during earnings season to quickly scan for similar patterns across the sector. The AI Screener helps me filter stocks by fundamentals, technical signals, and performance metrics so I can place individual results in broader context without spending hours on manual work. It has become a regular part of how I cross-check ideas before forming a fuller view.
Disclaimer
The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.
Contributor
Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.
Momentum Indicator for AMX turns positive, indicating new upward trend
AMX saw its Momentum Indicator move above the 0 level on October 14, 2026. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 80 similar instances where the indicator turned positive. In 50 of the 80 cases, the stock moved higher in the following days. The odds of a move higher are at 62%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where AMX's RSI Oscillator exited the oversold zone, 20 of 34 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 59%.
The Moving Average Convergence Divergence (MACD) for AMX just turned positive on October 06, 2026. Looking at past instances where AMX's MACD turned positive, the stock continued to rise in 27 of 52 cases over the following month. The odds of a continued upward trend are 52%.
AMX moved above its 50-day moving average on October 16, 2026 date and that indicates a change from a downward trend to an upward trend.
Following a +4.90% 3-day Advance, the price is estimated to grow further. Considering data from situations where AMX advanced for three days, in 181 of 313 cases, the price rose further within the following month. The odds of a continued upward trend are 58%.
AMX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The 50-day moving average for AMX moved below the 200-day moving average on September 24, 2026. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where AMX declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 58%.
The Aroon Indicator for AMX entered a downward trend on October 12, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
The Tickeron Valuation Rating of 21 (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.156) is normal, around the industry mean (1.817). P/E Ratio (0.768) is within average values for comparable stocks, (-3.796). Projected Growth (PEG Ratio) (0.753) is also within normal values, averaging (8.005). Dividend Yield (0.054) settles around the average of (0.113) among similar stocks. P/S Ratio (1.238) is also within normal values, averaging (5.777).
The Tickeron SMR rating for this company is 46 (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is 46 (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 83, placing this stock slightly better than average.
The Tickeron Seasonality Score of 49 (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Price Growth Rating for this company is 58 (best 1 - 100 worst), indicating steady price growth. AMX’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is 96 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Advertisement
General Information
a provider of wireless telecommunications services
Industry MajorTelecommunications
Advertisement