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American Tower (AMT) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates
AMTAmerican Tower(AMT) ZACKS·2025-02-20 15:20

Core Viewpoint - American Tower (AMT) is expected to report quarterly earnings of 2.31pershare,reflectingaslightincreaseof0.92.31 per share, reflecting a slight increase of 0.9% year-over-year, while revenues are forecasted to decline by 10.1% to 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 236.01million,ayearoveryearincreaseof9.8236.01 million, a year-over-year increase of 9.8% [5]. - The estimate for 'Total operating revenues- Services' is 56.02 million, indicating a significant increase of 166.8% from the prior year [5]. - 'Total operating revenues- Total Property' is expected to be 2.47billion,reflectingadecreaseof10.72.47 billion, reflecting a decrease of 10.7% year-over-year [5]. Geographic Revenue Estimates - 'Geographic Revenues- Total International' is estimated at 936.03 million, down 25.1% from the previous year [6]. - 'Geographic Revenues- U.S. & Canada' is forecasted to be 1.30billion,showingaslightdeclineof0.31.30 billion, showing a slight decline of 0.3% [6]. - 'Geographic Revenues- Africa' is expected to reach 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].