American Tower Earnings, Revenue beat In Q2 By Investing.com

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American Tower Earnings, Revenue beat In Q2

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American Tower Earnings, Revenue beat In Q2

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

American Tower announced earnings per share of $1.95 on revenue of $2.67B. Analysts polled by Investing.com anticipated EPS of $0.9577 on revenue of $2.65B.

American Tower shares are down 7% from the beginning of the year and are trading at $258.28 , down-from-52-week-high.They are outperforming the S&P 500 which is down 15.58% 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 Prologis on Monday, July 18, 2022, who reported EPS of $0.82 on revenue of $1.09B, compared to forecasts EPS of $0.6478 on revenue of $1.11B.

Crown Castle had beat expectations on Wednesday, July 20, 2022 with second quarter EPS of $0.97 on revenue of $1.73B, compared to forecast for EPS of $0.9586 on revenue of $1.71B.

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

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