© Reuters. American Tower Earnings, Revenue Beat in Q3
Investing.com – American Tower (NYSE:) reported on Thursday third quarter that beat analysts’ forecasts and revenue that topped expectations.
American Tower announced earnings per share of $1.80 on revenue of $2.67. Analysts polled by Investing.com anticipated EPS of $1.13 on revenue of $2.65B.
American Tower shares are down 4% from the beginning of the year, still down 33.11% from its 52 week high of $294.40 set on December 31, 2021.
American Tower follows other major Real Estate sector earnings this month
American Tower’s report follows an earnings beat by Prologis on October 19, who reported EPS of $1.36 on revenue of $1.75B, compared to forecasts EPS of $1.34 on revenue of $1.2B.
Crown Castle had missed expectations on October 19 with third quarter EPS of $0.97 on revenue of $1.57B, compared to forecast for EPS of $0.9763 on revenue of $1.73B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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