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América Móvil Delays Shareholders Meeting and Annual Report Filing

Story Highlights

America Movil ( (AMX) ) has provided an announcement.

On April 24, 2025, América Móvil was informed by its independent registered public accounting firm, Mancera S.C., that additional time is required to complete the audit of the company’s consolidated financial statements for the fiscal year ended December 31, 2024. This delay will affect the annual shareholders meeting originally scheduled for April 30, 2025, and the filing of the annual report on Form 20-F. América Móvil is working closely with Mancera/EY to expedite the process and will announce a new date for the shareholders meeting soon.

Spark’s Take on AMX Stock

According to Spark, TipRanks’ AI Analyst, AMX is a Outperform.

America Movil’s overall score reflects its solid financial performance and positive technical indicators, despite the challenges of high leverage and valuation concerns. The earnings call provided a mixed outlook, highlighting both growth opportunities and risks in currency and income decline.

To see Spark’s full report on AMX stock, click here.

More about America Movil

América Móvil, S.A.B. de C.V. is a leading telecommunications company based in Mexico City, Mexico. It operates in the fixed and wireless segments, providing a range of telecommunications services across various markets.

YTD Price Performance: 19.14%

Average Trading Volume: 2,279,888

Technical Sentiment Signal: Strong Sell

Current Market Cap: $52.64B

Learn more about AMX stock on TipRanks’ Stock Analysis page.

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