Equity Profile

AMX

AmÃ©rica MÃ³vil, S.A.B. de C.V.

Communication ServicesWireless Telecommunication Services$76.3B

Feb5Thu

Pre-Earnings Brief

UpcomingQ2-2026After Close5:00 PM EST

Company Snapshot

América Móvil, S.A.B. de C.V....

Key Metrics to Watch

Subscriber Growth

This metric indicates how well the company is attracting and retaining customers, which is crucial for revenue growth.

Expected to show an increase of 3% YoY.

Average Revenue Per User (ARPU)

ARPU measures how much revenue the company generates from each subscriber, impacting overall profitability.

Expected to be $12.50.

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

AMX Q2-2026 Earnings Preview

Context

Company Snapshot

América Móvil, S.A.B. de C.V. is a major telecommunications company in Latin America, providing wireless services and internet access. As a key player in the communication services sector, its performance can reflect broader trends in consumer spending and technology adoption.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

75%

Avg EPS Surprise

+286.82%

Avg Stock Reaction

-0.12%

Last Quarter Recap

In Q1 2026, América Móvil reported an impressive earnings surprise with an EPS of $1.79, significantly above expectations. However, the stock declined by 2.25% the following day, indicating potential market skepticism despite strong results.

Management Promises & Guidance

Management committed to improving customer service and reducing churn.
They indicated plans to expand their 5G network.
They promised to focus on cost efficiency to enhance margins.

Expectations

Wall Street Expectations

Overall, investors are cautiously optimistic about América Móvil's upcoming earnings, especially after the strong surprises in previous quarters. However, there is concern about whether the company can sustain its growth momentum.

Bull Case

If subscriber growth and ARPU exceed expectations, it could signal a strong demand for their services, leading to a positive market reaction.

Bear Case

If churn rates rise or subscriber growth slows, it could raise red flags about the company's future performance, leading to a negative reaction.

Key Metrics to Watch

Subscriber Growth

Expected to show an increase of 3% YoY.

This metric indicates how well the company is attracting and retaining customers, which is crucial for revenue growth.

Average Revenue Per User (ARPU)

Expected to be $12.50.

ARPU measures how much revenue the company generates from each subscriber, impacting overall profitability.

Churn Rate

Expected to be 1.5%.

A lower churn rate suggests better customer retention, which is vital for sustaining growth.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the expected subscriber growth rate for Q2-2026?

Subscriber growth is crucial for revenue and overall company health, and any deviation from expectations could significantly impact stock performance.

How has the churn rate changed compared to the previous quarter?

A rising churn rate could indicate issues with customer retention, which is vital for sustaining revenue growth.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating the potential for subscriber growth due to increased demand for mobile services in emerging markets, which could drive higher ARPU.

Supporting Evidence

Options are pricing a 5.61% move, which is significantly higher than the historical average of 1.19%.

The recent strong earnings surprises suggest a trend of better-than-expected performance.

Management's commitment to expanding their 5G network could attract more subscribers.

Key Risk

If subscriber growth exceeds 4%, it could invalidate the cautious outlook held by many analysts.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The core debate this quarter revolves around whether the company can maintain its growth trajectory amidst increasing competition.

Bull Confirmed If

Subscriber growth of 4% or better would confirm strong demand and market confidence.

Bear Confirmed If

A churn rate exceeding 2% would raise concerns about customer retention and future revenue.

Pre-Earnings Positioning

Options Market

Implied Move

±5.61%

Historical Avg

±1.2%

Pricing rich

The options market is pricing in a significant move, suggesting that investors expect volatility around the earnings report.

Options are pricing ±5.6% while AMX has averaged ±1.2% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.3%

30d HV

21.6%

Calls (0)P/C Ratio: 2.16Puts (400)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Communication Services

n=30

Fade rate: 13 of 28 (46%)

This setup has occurred 30 times across Communication Services in the last 2 years. 13 of 28 faded and 15 held — no strong directional bias after the initial reaction. The average absolute 1-day move is 4.1%, with a raw directional average of +2.0% (modestly positive historical bias).

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If América Móvil beats expectations, history suggests the stock could rise by around 1.19%, confirming strong demand and operational efficiency.

In-Line / Cautious

If results are in line but management's commentary is cautious, the stock may see muted movement as investors reassess growth prospects.

Miss

If the company misses expectations, history suggests a potential decline of about 0.22%, indicating market disappointment.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on subscriber growth and retention strategies.
2Details on the expansion of the 5G network and its expected impact on revenue.
3Management's commentary on competitive pressures in the telecommunications market.
4Insights into cost management strategies and their effect on margins.
5Any changes in guidance for the upcoming quarters.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

No charge today · Auto-bills $8/mo after 7 days · Cancel anytime

More Earnings This Week

5 Reports

Crown Holdings, Inc.

Company Snapshot

América Móvil, S.A.B. de C.V....

Key Metrics to Watch

Subscriber Growth

This metric indicates how well the company is attracting and retaining customers, which is crucial for revenue growth.

Expected to show an increase of 3% YoY.

Average Revenue Per User (ARPU)

ARPU measures how much revenue the company generates from each subscriber, impacting overall profitability.

Expected to be $12.50.

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

AMX Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

75%

Avg EPS Surprise

+286.82%

Avg Stock Reaction

-0.12%

Last Quarter Recap

Management Promises & Guidance

Management committed to improving customer service and reducing churn.
They indicated plans to expand their 5G network.
They promised to focus on cost efficiency to enhance margins.

Expectations

Wall Street Expectations

Bull Case

If subscriber growth and ARPU exceed expectations, it could signal a strong demand for their services, leading to a positive market reaction.

Bear Case

If churn rates rise or subscriber growth slows, it could raise red flags about the company's future performance, leading to a negative reaction.

Key Metrics to Watch

Subscriber Growth

Expected to show an increase of 3% YoY.

This metric indicates how well the company is attracting and retaining customers, which is crucial for revenue growth.

Average Revenue Per User (ARPU)

Expected to be $12.50.

ARPU measures how much revenue the company generates from each subscriber, impacting overall profitability.

Churn Rate

Expected to be 1.5%.

A lower churn rate suggests better customer retention, which is vital for sustaining growth.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the expected subscriber growth rate for Q2-2026?

Subscriber growth is crucial for revenue and overall company health, and any deviation from expectations could significantly impact stock performance.

How has the churn rate changed compared to the previous quarter?

A rising churn rate could indicate issues with customer retention, which is vital for sustaining revenue growth.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating the potential for subscriber growth due to increased demand for mobile services in emerging markets, which could drive higher ARPU.

Supporting Evidence

Options are pricing a 5.61% move, which is significantly higher than the historical average of 1.19%.

The recent strong earnings surprises suggest a trend of better-than-expected performance.

Management's commitment to expanding their 5G network could attract more subscribers.

Key Risk

If subscriber growth exceeds 4%, it could invalidate the cautious outlook held by many analysts.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The core debate this quarter revolves around whether the company can maintain its growth trajectory amidst increasing competition.

Bull Confirmed If

Subscriber growth of 4% or better would confirm strong demand and market confidence.

Bear Confirmed If

A churn rate exceeding 2% would raise concerns about customer retention and future revenue.

Pre-Earnings Positioning

Options Market

Implied Move

±5.61%

Historical Avg

±1.2%

Pricing rich

The options market is pricing in a significant move, suggesting that investors expect volatility around the earnings report.

Options are pricing ±5.6% while AMX has averaged ±1.2% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.3%

30d HV

21.6%

Calls (0)P/C Ratio: 2.16Puts (400)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Communication Services

n=30

Fade rate: 13 of 28 (46%)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If América Móvil beats expectations, history suggests the stock could rise by around 1.19%, confirming strong demand and operational efficiency.

In-Line / Cautious

If results are in line but management's commentary is cautious, the stock may see muted movement as investors reassess growth prospects.

Miss

If the company misses expectations, history suggests a potential decline of about 0.22%, indicating market disappointment.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on subscriber growth and retention strategies.
2Details on the expansion of the 5G network and its expected impact on revenue.
3Management's commentary on competitive pressures in the telecommunications market.
4Insights into cost management strategies and their effect on margins.
5Any changes in guidance for the upcoming quarters.