American Tower's Earnings of $3.27 Fall Short of Expectations, Profits Disappoint

According to the report from American Tower (NYSE: AMT), the earnings per share for the third quarter were -$1.69, which is $3.27 lower than analysts' expectations of $1.58. The reported earnings for this quarter were $2.52 billion, while analyst expectations were $2.78 billion.

American Tower's stock closed the day at $222.22. This level indicates that the company has lost 5.29% in value over the past three months. However, the stock has gained 28.72% in value over the last 12 months.

In the last 90 days, American Tower reported one positive earnings per share and three negative earnings per share. You can analyze how American Tower's stock price reacted to past earnings reports here.

According to InvestingPro, American Tower has a financial health score of "Quite Good." Explore the latest earnings reports and all financial information related to American Tower here. Stay updated with all developments regarding balance sheets by visiting the Investing.com Earnings Calendar.