American Tower Corp. (AMT) announced a profit for its third quarter that Increased, from the same period last year and beat the Street estimates.
The company's earnings totaled $853.3 million, or $1.82 per share. This compares with $416.2 million, or $0.89 per share, last year.
Analysts on average had expected the company to earn $1.65 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 7.7% to $2.717 billion from $2.522 billion last year.
American Tower Corp. earnings at a glance (GAAP) :
-Earnings: $853.3 Mln. vs. $416.2 Mln. last year.-EPS: $1.82 vs. $0.89 last year.-Revenue: $2.717 Bln vs. $2.522 Bln last year.
-Guidance:Full year revenue guidance: $10.210-$10.290 Bln
For comments and feedback contact: editorial@rttnews.com
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.