Core Viewpoint - American Tower (AMT) is expected to report quarterly earnings of 2.5 billion [1]. Earnings Estimates - The consensus EPS estimate has been revised down by 0.2% in the last 30 days, indicating a reassessment by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock performance [3]. Revenue Estimates - Analysts predict 'Total operating revenues- Data Centers' will reach 56.02 million, indicating a significant increase of 166.8% from the prior year [5]. - 'Total operating revenues- Total Property' is expected to be 936.03 million, down 25.1% from the previous year [6]. - 'Geographic Revenues- U.S. & Canada' is forecasted to be 313.73 million, indicating a year-over-year increase of 6.7% [6]. - 'Geographic Revenues- Latin America' is projected at $419.21 million, down 3.6% from the prior year [7]. Organic Tenant Billings Growth - 'Organic Tenant Billings Growth - U.S. & Canada' is expected to be 4.1%, down from 5.1% in the same quarter last year [7]. - 'Organic Tenant Billings Growth - Total International' is projected at 4.5%, compared to 7.7% a year ago [7]. Ending Balance Estimates - The 'International - Ending Balance' is estimated to be 105,600, down from 180,377 year-over-year [8]. - The 'U.S. & Canada - Ending Balance' is projected at 41,857, slightly down from 42,453 in the same quarter last year [8]. - The total 'Ending Balance' is expected to be 185,303, compared to 222,830 a year ago [8]. Stock Performance - Over the past month, American Tower shares have returned +1.8%, while the Zacks S&P 500 composite has returned +2.6% [9]. - Based on its Zacks Rank 4 (Sell), AMT is likely to underperform the overall market in the upcoming period [9].
American Tower (AMT) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates