America Movil Third-Quarter Net Profit Rises 7%, Misses Forecasts
America Movil reported net profit of 24.28 billion pesos ($1.34 billion) for the quarter, up 7% from a year earlier but below analysts’ forecasts.
Mexican telecoms giant America Movil BMV:AMX/B on Tuesday said profit in the third quarter rose 7% compared to the year before, yet missed analysts' forecasts.America Movil, controlled by the family of Mexican billionaire Carlos Slim, reported a net profit of 24.28 billion pesos ($1.34 billion) fro…