Investing.com - American Tower (NYSE:AMT) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
American Tower announced earnings per share of $1.58 on revenue of $2.45B. Analysts polled by Investing.com anticipated EPS of $1.19 on revenue of $2.41B.
American Tower shares are down 6% from the beginning of the year and are trading at $285.42 , down-from-52-week-high.They are under-performing the Nasdaq which is up 18.21% from the start of the year.
American Tower follows other major Real Estate sector earnings this month
American Tower's report follows an earnings beat by FirstService on Tuesday, who reported EPS of $1.5 on revenue of $849.43M, compared to forecasts EPS of $1.19 on revenue of $828.67M.
Castellum ADR had beat expectations on Tuesday, October 19, 2021 with third quarter EPS of $1.29 on revenue of $174.36M, compared to forecast for EPS of $0.6817 on revenue of $172.51M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar