Investing.com – American Tower (NYSE:) reported on Thursday fourth quarter that missed analysts’ forecasts and revenue that topped expectations.
American Tower announced earnings per share of $0.82 on revenue of $2.12B. Analysts polled by Investing.com anticipated EPS of $1.25 on revenue of $2.07B.
American Tower shares are down 0% from the beginning of the year, still down 17.42% from its 52 week high of $272.20 set on July 29, 2020. They are under-performing the S&P 500 which is up 4.51% from the start of the year.
American Tower follows other major Services sector earnings this month
American Tower’s report follows an earnings beat by Amazon.com on February 2, who reported EPS of $14.09 on revenue of $125.56B, compared to forecasts EPS of $7.2 on revenue of $119.72B.
Alibaba ADR had beat expectations on February 2 with third quarter EPS of $22.03 on revenue of $221.08B, compared to forecast for EPS of $20.59 on revenue of $214.17B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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