Investing.com - American Tower (NYSE:AMT) reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
American Tower announced earnings per share of $1.04 on revenue of $2.01B. Analysts polled by Investing.com anticipated EPS of $1.1 on revenue of $1.97B.
American Tower shares are down 0% from the beginning of the year, still down 15.46% from its 52 week high of $272.20 set on July 29. They are under-performing the S&P 500 which is up 1.25% 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 Visa A on Wednesday, who reported EPS of $1.12 on revenue of $5.1B, compared to forecasts EPS of $1.09 on revenue of $5B.
Verizon had beat expectations on October 21 with third quarter EPS of $1.25 on revenue of $31.5B, compared to forecast for EPS of $1.22 on revenue of $31.59B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar