América Móvil, S.A.B. de C.V. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
As you might know, América Móvil, S.A.B. de C.V. (BMV:AMXB) recently reported its second-quarter numbers. It was not a great result overall. While revenues of Mex$241b were in line with analyst predictions, earnings were less than expected, missing statutory estimates by 19% to hit Mex$0.40 per share. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.
Taking into account the latest results, América Móvil. de's 17 analysts currently expect revenues in 2026 to be Mex$970.6b, approximately in line with the last 12 months. Per-share earnings are expected to expand 16% to Mex$1.74. Yet prior to the latest earnings, the analysts had been anticipated revenues of Mex$971.4b and earnings per share (EPS) of Mex$1.72 in 2026. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.
See our latest analysis for América Móvil. de
There were no changes to revenue or earnings estimates or the price target of Mex$24.45, suggesting that the company has met expectations in its recent result. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. The most optimistic América Móvil. de analyst has a price target of Mex$28.50 per share, while the most pessimistic values it at Mex$18.00. These price targets show that analysts do have some differing views on the business, but the estimates do not vary enough to suggest to us that some are betting on wild success or utter failure.
Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. It's pretty clear that there is an expectation that América Móvil. de's revenue growth will slow down substantially, with revenues to the end of 2026 expected to display 3.1% growth on an annualised basis. This is compared to a historical growth rate of 4.0% over the past five years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 5.5% annually. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than América Móvil. de.
The Bottom Line
The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.
Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have forecasts for América Móvil. de going out to 2028, and you can see them free on our platform here.
Plus, you should also learn about the 2 warning signs we've spotted with América Móvil. de .
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.