American Tower Earnings, Revenue beat In Q2

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American Tower Earnings, Revenue beat In Q2
Credit: © Reuters.

Investing.com - American Tower (NYSE: AMT ) reported second quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.

The firm reported earnings per share of $2.01 on revenue of $1.89B. Analysts polled by Investing.com anticipated EPS of $0.89 on revenue of $1.83B. That compared to EPS of $0.69 on revenue of $1.78B in the same period a year earlier. The company had reported EPS of $0.89 on revenue of $1.81B in the previous quarter.

For the year, American Tower shares are up 31.94%, outperforming the S&P 500 which is up 21.65% year to date.

American Tower follows other major Services sector earnings this month

On Thursday, July 25, 2019, Amazon.com reported second quarter EPS of $5.22 on revenue of $63.4B, compared to forecasts of EPS of $5.56 on revenue of $62.52B.

Visa A earnings beat analyst's expectations on Wednesday, July 24, 2019, with third quarter EPS of $1.37 on revenue of $5.84B. Investing.com analysts expected EPS of $1.32 on revenue of $5.7B

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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