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Compared to Estimates, American Tower (AMT) Q1 Earnings: A Look at Key Metrics
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For the quarter ended March 2026, American Tower (AMT - Free Report) reported revenue of $2.74 billion, up 6.8% over the same period last year. EPS came in at $2.84, compared to $1.04 in the year-ago quarter.
The reported revenue represents a surprise of +3.15% over the Zacks Consensus Estimate of $2.65 billion. With the consensus EPS estimate being $2.50, the EPS surprise was +13.51%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how American Tower performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Organic Tenant Billings Growth - U.S. & Canada: 0.6% compared to the 0.5% average estimate based on four analysts.
Organic Tenant Billings Growth - Africa & APAC: 10.5% versus 9.8% estimated by two analysts on average.
Organic Tenant Billings Growth - Europe: 3.9% versus the two-analyst average estimate of 4%.
Organic Tenant Billings Growth - Latin America: -2% versus the two-analyst average estimate of -3.1%.
Geographic Revenues- Total International: $1.12 billion versus the four-analyst average estimate of $1.04 billion. The reported number represents a year-over-year change of +18.4%.
Geographic Revenues- U.S. & Canada: $1.26 billion versus the four-analyst average estimate of $1.28 billion. The reported number represents a year-over-year change of -2.8%.
Geographic Revenues- Africa & APAC: $379 million versus the two-analyst average estimate of $371.82 million.
Geographic Revenues- Latin America: $480 million compared to the $404.64 million average estimate based on two analysts. The reported number represents a change of +20.3% year over year.
Geographic Revenues- Europe: $261 million versus $252.56 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +22.5% change.
Total operating revenues- Data Centers: $289 million compared to the $281.32 million average estimate based on four analysts. The reported number represents a change of +18.4% year over year.
Total operating revenues- Services: $68 million versus $70.21 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -9.3% change.
Total operating revenues- Total Property: $2.67 billion versus the three-analyst average estimate of $2.59 billion. The reported number represents a year-over-year change of +7.3%.
Shares of American Tower have returned +2.9% over the past month versus the Zacks S&P 500 composite's +12.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Compared to Estimates, American Tower (AMT) Q1 Earnings: A Look at Key Metrics
For the quarter ended March 2026, American Tower (AMT - Free Report) reported revenue of $2.74 billion, up 6.8% over the same period last year. EPS came in at $2.84, compared to $1.04 in the year-ago quarter.
The reported revenue represents a surprise of +3.15% over the Zacks Consensus Estimate of $2.65 billion. With the consensus EPS estimate being $2.50, the EPS surprise was +13.51%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how American Tower performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for American Tower here>>>
Shares of American Tower have returned +2.9% over the past month versus the Zacks S&P 500 composite's +12.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.