America Movil AMX announces its next round of earnings this Tuesday, April 27. Here is Benzinga's everything-that-matters guide for this Tuesday's Q1 earnings announcement.
Net Income, Earnings, And Earnings Per Share
Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.
Earnings And Revenue
Wall Street analysts see America Movil reporting earnings of $0.33 per share on sales of $12.56 billion. In the same quarter last year, America Movil announced EPS of $0.45 on revenue of $12.61 billion.
Why Analyst Estimates And Earnings Surprises Are Important
Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.
If the company were to report earnings in line when it publishes results Tuesday, earnings would be up 173.33%. Sales would be down 0.4% on a year-over-year basis. Here is how the company's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q4 2021 | Q3 2020 | Q2 2020 | Q1 2020 |
---|---|---|---|---|
EPS Estimate | 0.28 | 0.34 | 0.32 | -0.04 |
EPS Actual | 0.54 | 0.26 | 0.26 | -0.45 |
Revenue Estimate | 12.84 B | 11.84 B | 10.39 B | 11.05 B |
Revenue Actual | 12.36 B | 11.79 B | 10.77 B | 12.61 B |
Stock Performance
Over the last 52-week period, shares are up 28.28%. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Do not be surprised to see the stock move on comments made during its conference call. America Movil is scheduled to hold the call at 10:00:00 ET and can be accessed here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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