Investing.com - American Tower reported second quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $2.01 on revenue of $1.89B. Analysts polled by Investing.com anticipated EPS of $0.89 on revenue of $1.83B. That compared to EPS of $0.69 on revenue of $1.78B in the same period a year earlier. The company had reported EPS of $0.89 on revenue of $1.81B in the previous quarter.
American Tower follows other major Services sector earnings this month
On July 25, Amazon.com reported second quarter EPS of $5.22 on revenue of $63.4B, compared to forecasts of EPS of $5.56 on revenue of $62.52B.
Visa A earnings beat analysts' expectations on July 24, with third quarter EPS of $1.37 on revenue of $5.84B. Investing.com analysts expected EPS of $1.32 on revenue of $5.7B
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