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% year to date.
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
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