American Tower Corporation (REI (AMT) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $1.64
- Estimate
- $1.63
- Surprise
- +0.5%
- Revenue (period 2026-09-30)
- $202.5M
- Score at report (before → after)
- 6.0 → 6.1/10
Revenue source: xbrl.
How the report landed
American Tower Corporation (REI (AMT) beat the $1.63 estimate with adjusted EPS of $1.64 — effectively in line (0.5%). TrendMatrix's engine moved from Buy (Wait) (6.0/10) to Sell at 6.1/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates AMT Sell at 6.1/10.
4 of the last 4 quarters beat the estimate; this quarter's +0.5% surprise compares with a +14.3% four-quarter average.
What supports the rating
- V7 quality resilience bonus: +0.2 (Q=7.1 in RISK_OFF)
- Strong earnings beat streak (4/4)
What argues against it
- Thin upside margin: 5.1%
- Sector modifier (Real Estate): -1.2
- Leverage penalty (D/E 4.4): -1.5
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $183.83
- Price target
- $193.23
- Stop
- $170.96
- Upside to target
- +5.1%
- Reward-to-risk
- 0.4:1
At 25.9× trailing and 26.3× forward earnings, consensus estimates imply little change in earnings power.
Model outputs from TrendMatrix’s engine as of 2026-10-28 — shown for context, not personalized investment advice.
AMT at TrendMatrix's latest read
REIT quarters hinge on occupancy, rate exposure, and FFO rather than headline EPS, which mechanically distorts under depreciation.
- Industry
- REIT - Specialty
- Market cap
- $85.66B
- P/E (fwd)
- 26.3
- P/E (ttm)
- 25.9
- 52-week range
- $160.06–$202.50
- Off 52-week high
- 9.2%
- RSI (14)
- 67
- Volume vs avg
- 0.97×
- Score today
- 6.1/10