Compared to Estimates, American Tower (AMT) Q1 Earnings: A Look at Key Metrics

For the quarter ended March 2025, American Tower (AMT) reported revenue of $2.56 billion, down 9.6% over the same period last year. EPS came in at $2.75, compared to $1.96 in the year-ago quarter.The reported revenue represents a surprise of +1.98% over the Zacks Consensus Estimate of $2.51 billion. With the consensus EPS estimate being $2.60, the EPS surprise was +5.77%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how American Tower performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: U.S. & Canada - Ending Balance: 41,868 versus 41,759 estimated by three analysts on average. Total - Ending Balance: 148,637 compared to the 173,697 average estimate based on three analysts. Organic Tenant Billings Growth - Total International: 6.7% versus 5.7% estimated by three analysts on average. Organic Tenant Billings Growth - U.S. & Canada: 3.6% versus 3.8% estimated by three analysts on average. International - Ending Balance: 106,769 versus the two-analyst average estimate of 106,986. Geographic Revenues- U.S. & Canada: $1.30 billion compared to the $1.30 billion average estimate based on three analysts. The reported number represents a change of -1% year over year. Geographic Revenues- Total International: $946 million compared to the $896.32 million average estimate based on three analysts. The reported number represents a change of -25.5% year over year. Geographic Revenues- Latin America: $399 million compared to the $381.27 million average estimate based on two analysts. The reported number represents a change of -10.5% year over year. Geographic Revenues- Europe: $213 million compared to the $210 million average estimate based on two analysts. The reported number represents a change of +3.9% year over year. Total operating revenues- Data Centers: $244 million compared to the $250.28 million average estimate based on three analysts. The reported number represents a change of +8.4% year over year. Total operating revenues- Services: $75 million versus $60.28 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +150% change. Total operating revenues- Total Property: $2.49 billion versus the three-analyst average estimate of $2.45 billion. The reported number represents a year-over-year change of -11.3%. View all Key Company Metrics for American Tower here>>>Shares of American Tower have returned -2.9% over the past month versus the Zacks S&P 500 composite's -0.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.Zacks Names #1 Semiconductor StockIt's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report American Tower Corporation (AMT): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks