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American Tower (NYSE:AMT) is scheduled to announce Q2 earnings outcomes on Thursday, July twenty seventh, earlier than market open.
The consensus FFO estimate is $2.57 and the consensus income estimate is $2.72B.
During the last 2 years, AMT has overwhelmed FFO estimates 75% of the time and income estimates 100% of the time.
Previous outcomes:
Q1 AFFO of $2.54 beats by $0.08 and income of $2767.2M (+4.0% Y/Y) beats by $27.2M.
The corporate boosted its 2023 steering for AFFO per share, primarily because of the favorable impacts of overseas foreign money change price fluctuations.
Final reported e-book worth per share was $11.60, the inventory is at the moment buying and selling at $189.32.
Rankings on AMT:
Promote-side analysts: Purchase, with common worth goal of $236.35.
SA analysts: Purchase
Quant Score system: Promote
American Tower has adverse EPS revisions and is overpriced when in comparison with different actual property shares. The corporate has 4-year common dividend yield of 1.99%, whereas the actual property sector median is 4.28%, in accordance with Quant.
Latest rankings actions:
BMO Capital Markets analyst Ari Klein initiated protection with an Outperform score, contemplating the corporate’s diversified international tower portfolio.
Latest earnings evaluation from SA contributors:
- American Tower: Too Depressed However Consumers’ Redemption Is Possible Shut
- Boring Factual Data About AFFO For American Tower
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