Here's What Key Metrics Tell Us About American Tower (AMT) Q3 Earnings

For the quarter ended September 2026, American Tower (AMT) reported revenue of $2.79 billion, up 2.5% over the same period last year. EPS came in at $2.87, compared to $1.82 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $2.77 billion, representing a surprise of +0.44%. The company delivered an EPS surprise of +1.06%, with the consensus EPS estimate being $2.84.

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: 41,767 compared to the 41,771 average estimate based on three analysts.

• Total - Ending Balance: 146,522 compared to the 148,696 average estimate based on three analysts.

• International - Ending Balance: 104,755 compared to the 107,068 average estimate based on three analysts.

• Organic Tenant Billings Growth - U.S. & Canada: 0% versus the three-analyst average estimate of 0.4%.

• Geographic Revenues- Total International: $1.15 billion compared to the $1.12 billion average estimate based on three analysts. The reported number represents a change of +11.2% year over year.

• Geographic Revenues- U.S. & Canada: $1.28 billion compared to the $1.28 billion average estimate based on three analysts. The reported number represents a change of -3.3% year over year.

• Geographic Revenues- Africa & APAC: $428 million compared to the $418.61 million average estimate based on two analysts. The reported number represents a change of +15.4% year over year.

• Geographic Revenues- Latin America: $460 million versus $443.17 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +10.3% change.

• Geographic Revenues- Europe: $258 million versus $254.2 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +5.7% change.

• Total operating revenues- Data Centers: $313 million versus the three-analyst average estimate of $304.54 million. The reported number represents a year-over-year change of +17.2%.

• Total operating revenues- Services: $51 million versus the three-analyst average estimate of $65.96 million. The reported number represents a year-over-year change of -49.6%.

• Total operating revenues- Total Property: $2.73 billion versus the three-analyst average estimate of $2.7 billion. The reported number represents a year-over-year change of +4.5%.