American Tower (AMT) closed at $224.45 within the newest buying and selling session, marking a -0.8
American Tower (AMT) closed at $224.45 within the newest buying and selling session, marking a -0.81% transfer from the prior day. This variation lagged the S&P 500’s day by day achieve of 1.09%. Elsewhere, the Dow gained 1.21%, whereas the tech-heavy Nasdaq added 1.34%.
Heading into right now, shares of the wi-fi communications infrastructure firm had gained 3.39% over the previous month, outpacing the Finance sector’s lack of 1.13% and the S&P 500’s lack of 1.17% in that point.
Wall Avenue will likely be in search of positivity from AMT because it approaches its subsequent earnings report date. That is anticipated to be October 31, 2019. The corporate is anticipated to report EPS of $1.96, up 5.95% from the prior-year quarter. Our most up-to-date consensus estimate is looking for quarterly income of $1.86 billion, up 4.16% from the year-ago interval.
For the total 12 months, our Zacks Consensus Estimates are projecting earnings of $7.90 per share and income of $7.42 billion, which might symbolize adjustments of -1.13% and -0.26%, respectively, from the prior 12 months.
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