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American Tower Q3 Profit Up; Backs FY09 View - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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Tuesday, American Tower Corp. (AMT) said its third-quarter net income attributable to the company rose to $67.35 million or $0.17 per share from $60.46 million or $0.15 per share in the prior year period. On average, 15 analysts polled by Thomson Reuters expected the company to report earnings of $0.17 per share for the quarter.

Total operating revenues for the quarter rose to $444.10 million from $409.26 million in the comparable period. Twelve analysts estimated revenues of $430.02 million for the quarter.

American Tower said it is reaffirming its full year 2009 outlook, which it provided on July 29, 2009, citing continued strong operating performance.

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