American Tower Corp (AMT) reported third quarter net income attributable to American Tower of $67.36 million or $0.17 per share, compared to $60.47 million or $0.15 per share last year.
On average, 15 analysts polled by Thomson Reuters expected the company to report earnings of $0.17 per share. Analysts' estimates typically exclude special items.
Total operating revenues grew to $444.1 million from $409.27 million in the same quarter last year.
Twelve analysts estimated revenues of $430.02 million.
Based on its continued strong operating performance, the Company is reaffirming its Full Year 2009 Outlook that was provided on July 29, 2009.
The company reaffirmed its expectation for rental and management segment revenue in the range of $1.640 billion to $1.665 billion, and network development services segment revenue in the range of $35.0 million to $50.0 million. The company's total operating revenues constitute revenues of these two segments.
Income from continuing operations for the full year is still expected to be in the range of $235 million to $247 million.
Analysts expect the company to earn $0.62 per share, on revenues of $1.7 billion.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.