American Tower (AMT) Exceeds Market Returns: Some Facts to Consider

Company Performance - American Tower (AMT) closed at $181.55, reflecting a +2.29% increase from the previous day, outperforming the S&P 500's daily gain of 0.26% [1] - The stock has decreased by 0.57% over the past month, underperforming compared to the Finance sector's gain of 0.62% and the S&P 500's gain of 1.57% [1] Earnings Expectations - The upcoming earnings report is anticipated to show an EPS of $2.54, representing a 9.48% growth year-over-year [2] - Quarterly revenue is projected to be $2.67 billion, which is a 4.76% increase from the same quarter last year [2] Full Year Estimates - For the full year, analysts expect earnings of $10.67 per share and revenue of $10.57 billion, indicating changes of +1.23% and 0% respectively from the previous year [3] Analyst Estimates - Recent modifications to analyst estimates for American Tower reflect evolving short-term business trends, with positive revisions indicating analyst optimism [4] - The Zacks Consensus EPS estimate has shifted 0.14% downward over the past month, resulting in a Zacks Rank of 4 (Sell) for American Tower [6] Valuation Metrics - American Tower has a Forward P/E ratio of 15.9, which is higher than the industry average of 11.38, suggesting it is trading at a premium [7] - The PEG ratio for AMT is currently 0.69, compared to the industry average PEG ratio of 2.6 [7] Industry Context - The REIT and Equity Trust - Other industry, part of the Finance sector, holds a Zacks Industry Rank of 105, placing it in the top 43% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]