Earnings Forecast Research on American Tower Corporation (REIT) (AMT)

American Tower Corporation (REIT) has received $1.43 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 6 Financial Advisor in the Stock Trading Firms. Among 6 Analysts, Bottom line EPS Estimate for the current quarter is $1.39 while the top line estimate is $1.45 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 12.2%.

American Tower Corporation (REIT) reported better than expected with a surprise EPS of 7.19% or $0.1 during its most recent quarterly earnings. The Actual EPS was $1.49 compared to the Estimated EPS of $1.39.

American Tower Corporation (REIT) has a Price to Earnings ratio of 18.56 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 6.47. For the Most Recent Fiscal Year, American Tower Corporation (REIT) has a price to cash ratio of 22.08. For the Trailing twelve month period, company showed a Net Profit Margin of 17.37% and Return on Equity of the stock is 14.05%.

In the last quarter, American Tower Corporation (REIT) reported Annual Earnings of $1.49. Based on the filings, last years Annual Earnings was, $5.08. In the last Quarter, AMT reported a surprise Earnings per Share of 7.19% . The consensus estimate for current quarter is $1.43 and for the current fiscal year, the estimate is $5.54. For the Next fiscal year, the estimate is $6.28 based on the consensus.

American Tower Corporation (REIT) (NYSE:AMT) : On Tuesday heightened volatility was witnessed in American Tower Corporation (REIT) (NYSE:AMT) which led to swings in the share price. The stock opened for trading at $103.54 and hit $104 on the upside , eventually ending the session at $103.5, with a gain of 0.48% or 0.49 points. The heightened volatility saw the trading volume jump to 1,376,282 shares. The 52-week high of the share price is $118.26 and the company has a market cap of $44,186 million. The 52-week low of the share price is at $83.07 .

American Tower Corporation is a wireless communications and broadcast infrastructure company with three operating segments. The company operates a leading network of communications towers and is the largest independent operator of broadcast towers in North America. The company provides comprehensive network development services for wireless service providers and broadcasters. The company also operates a leading teleport business, which transmits Internet, voice, data and video communications worldwide.


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