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.
For comments and feedback: editorial@rttnews.com