* American Tower Corp is expected to show a rise in quarterly revenue when it reports results on April 30 for the period ending March 31 2024
* The Boston Massachusetts-based company is expected to report a 1.0% increase in revenue to $2.795 billion from $2.77 billion a year ago, according to the mean estimate from 14 analysts, based on LSEG data.
* LSEG's mean analyst estimate for American Tower Corp is for earnings of $1.78 per share.
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts had fallen by about 0.4% in the last three months.
* Wall Street's median 12-month price target for American Tower Corp is $228.00, above its last closing price of $172.90.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Dec. 31 2023 0.91 0.94 0.18 Missed -80.9
Sep. 30 2023 1.13 1.13 1.26 Beat 11.6
Jun. 30 2023 1.09 1.10 1.02 Missed -7.2
Mar. 31 2023 1.09 1.09 0.72 Missed -34.1
Dec. 1.06 1.04 -1.47 Missed -241.2
31 2022
Sep. 30 2022 1.12 1.13 1.80 Beat 59.4
Jun. 30 2022 0.95 0.96 1.95 Beat 103.4
Mar. 31 2022 1.13 1.12 1.56 Beat 39.4
This summary was machine generated April 26 at 12:45 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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