America Movil SAB de CV ADR - Series B
AMX: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $< | LOCK|$jqs$ | LOCK|YNRcYW |
America Movil Earnings: Mexico Continues to Struggle
America Movil's first-quarter revenue increased 14% year over year, thanks to the weak Mexican peso and the consolidation of its Chilean business. Absent currency benefits, growth was 6%, including a roughly 1% benefit from Chile. The EBITDA margin contracted less than one percentage point to 39%.
