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Curious about American Tower (AMT) Q1 Performance? Explore Wall Street Estimates for Key Metrics
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Wall Street analysts forecast that American Tower (AMT - Free Report) will report quarterly earnings of $2.60 per share in its upcoming release, pointing to a year-over-year decline of 6.8%. It is anticipated that revenues will amount to $2.51 billion, exhibiting a decline of 11.3% compared to the year-ago quarter.
The consensus EPS estimate for the quarter has been revised 1.3% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
With that in mind, let's delve into the average projections of some American Tower metrics that are commonly tracked and projected by analysts on Wall Street.
The average prediction of analysts places 'Total operating revenues- Data Centers' at $250.28 million. The estimate indicates a change of +11.2% from the prior-year quarter.
Analysts forecast 'Total operating revenues- Services' to reach $60.28 million. The estimate suggests a change of +100.9% year over year.
The consensus estimate for 'Total operating revenues- Total Property' stands at $2.45 billion. The estimate indicates a year-over-year change of -12.7%.
The combined assessment of analysts suggests that 'Geographic Revenues- Total International' will likely reach $896.32 million. The estimate points to a change of -29.4% from the year-ago quarter.
Analysts predict that the 'Geographic Revenues- U.S. & Canada' will reach $1.30 billion. The estimate indicates a year-over-year change of -0.8%.
The collective assessment of analysts points to an estimated 'Geographic Revenues- Africa' of $305.65 million. The estimate points to a change of +4.7% from the year-ago quarter.
Based on the collective assessment of analysts, 'Geographic Revenues- Latin America' should arrive at $381.27 million. The estimate points to a change of -14.5% from the year-ago quarter.
It is projected by analysts that the 'U.S. & Canada - Ending Balance' will reach 41,759. Compared to the current estimate, the company reported 42,427 in the same quarter of the previous year.
The consensus among analysts is that 'Total - Ending Balance' will reach 173,697. The estimate is in contrast to the year-ago figure of 222,643.
Analysts' assessment points toward 'Organic Tenant Billings Growth - Total International' reaching 5.7%. Compared to the present estimate, the company reported 6.5% in the same quarter last year.
According to the collective judgment of analysts, 'Organic Tenant Billings Growth - U.S. & Canada' should come in at 3.8%. Compared to the present estimate, the company reported 4.6% in the same quarter last year.
Analysts expect 'International - Ending Balance' to come in at 106,986. The estimate is in contrast to the year-ago figure of 180,216.
American Tower shares have witnessed a change of +1.2% in the past month, in contrast to the Zacks S&P 500 composite's -5.1% move. With a Zacks Rank #3 (Hold), AMT is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
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Curious about American Tower (AMT) Q1 Performance? Explore Wall Street Estimates for Key Metrics
Wall Street analysts forecast that American Tower (AMT - Free Report) will report quarterly earnings of $2.60 per share in its upcoming release, pointing to a year-over-year decline of 6.8%. It is anticipated that revenues will amount to $2.51 billion, exhibiting a decline of 11.3% compared to the year-ago quarter.
The consensus EPS estimate for the quarter has been revised 1.3% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
With that in mind, let's delve into the average projections of some American Tower metrics that are commonly tracked and projected by analysts on Wall Street.
The average prediction of analysts places 'Total operating revenues- Data Centers' at $250.28 million. The estimate indicates a change of +11.2% from the prior-year quarter.
Analysts forecast 'Total operating revenues- Services' to reach $60.28 million. The estimate suggests a change of +100.9% year over year.
The consensus estimate for 'Total operating revenues- Total Property' stands at $2.45 billion. The estimate indicates a year-over-year change of -12.7%.
The combined assessment of analysts suggests that 'Geographic Revenues- Total International' will likely reach $896.32 million. The estimate points to a change of -29.4% from the year-ago quarter.
Analysts predict that the 'Geographic Revenues- U.S. & Canada' will reach $1.30 billion. The estimate indicates a year-over-year change of -0.8%.
The collective assessment of analysts points to an estimated 'Geographic Revenues- Africa' of $305.65 million. The estimate points to a change of +4.7% from the year-ago quarter.
Based on the collective assessment of analysts, 'Geographic Revenues- Latin America' should arrive at $381.27 million. The estimate points to a change of -14.5% from the year-ago quarter.
It is projected by analysts that the 'U.S. & Canada - Ending Balance' will reach 41,759. Compared to the current estimate, the company reported 42,427 in the same quarter of the previous year.
The consensus among analysts is that 'Total - Ending Balance' will reach 173,697. The estimate is in contrast to the year-ago figure of 222,643.
Analysts' assessment points toward 'Organic Tenant Billings Growth - Total International' reaching 5.7%. Compared to the present estimate, the company reported 6.5% in the same quarter last year.
According to the collective judgment of analysts, 'Organic Tenant Billings Growth - U.S. & Canada' should come in at 3.8%. Compared to the present estimate, the company reported 4.6% in the same quarter last year.
Analysts expect 'International - Ending Balance' to come in at 106,986. The estimate is in contrast to the year-ago figure of 180,216.
View all Key Company Metrics for American Tower here>>>
American Tower shares have witnessed a change of +1.2% in the past month, in contrast to the Zacks S&P 500 composite's -5.1% move. With a Zacks Rank #3 (Hold), AMT is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>