The third quarter financial results of American Tower Corporation (NYSE: AMT) will be unveiled on Tuesday 29th October 2024. This eagerly awaited announcement is scheduled to occur before market open.
It is anticipated by financial experts on Wall Street that the establishment is set to announce an estimated $1.57 profit per share for the quarter. Additionally, the firm is expected to disclose a total revenue of $2.76 billion for this period.
Wall Street analysts have offered their forecasts for the company's yearly performance, predicting a total revenue of $11.08 billion. At the same time, they are expecting the company to achieve per share profit of $6.95 for the fiscal year ahead.
During the equivalent quarter of the preceding year, the company's financial report highlighted a per-share income of $2.58. This significant amount was the outcome of the company's total revenue, which reached an impressive $2.82 billion during that particular timeframe.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $2.79 | +13.4% | 2.90 B | +4.6% |
| Q1 2024 | $2.79 | +9.8% | 2.83 B | +2.4% |
| Q4 2023 | $2.29 | -2.1% | 2.79 B | +3.0% |
| Q3 2023 | $2.58 | +9.3% | 2.82 B | +5.5% |
| Q2 2023 | $2.46 | -2.0% | 2.77 B | +3.7% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 29th October 2024 at 08:30 AM eastern time to review the Q3 2024 financial results.
During Friday's trading, American Tower Corporation (AMT) shares reached a low of $221.89 and a high of $227.91, along with a total volume of 2.05 million shares. The stock ended the regular trading session at $222.80, reflecting decline of 1.39 percent.
