Will AMT's EPS rebound in Q1 2025 after Q3 2024 decline?
3/31/2025 05:32pm
**American Tower's (AMT) EPS is unlikely to rebound in Q1 2025 following the decline in Q3 2024**. Here's why:
1. **Recent Performance**: AMT's EPS in Q3 2024 was -$1.69, which is a significant negative figure indicating a loss for the period. This is a stark contrast to the previous quarter's EPS of $2.62 in Q4 2024, which beat expectations and showed a substantial year-over-year increase.
|code|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|market_code|
|---|---|---|---|---|---|---|
|AMT|AMT.N|American Tower|2024 Q1|172.22222222222223|1.96|169|
|AMT|AMT.N|American Tower|2024 Q2|88.23529411764704|1.92|169|
|AMT|AMT.N|American Tower|2024 Q3|-234.12698412698413|-1.69|169|
2. **Analyst Expectations**: There are no available data or information regarding AMT's EPS for Q1 2025. However, the lack of available data and the unexpected decline in Q3 2024 make it difficult to predict a rebound in Q1 2025.
3. **Company Performance**: American Tower has faced challenges, including a decline in total property revenue and a drop in profitability. The company's financial performance in Q3 2024 was disappointing, with revenues missing expectations and a significant loss incurred from the sale of its Indian operations.
4. **Market Sentiment**: Despite the Q4 2024 earnings beat, AMT stock has underperformed the broader market, and the company's stock price dropped after the release of Q3 2024 earnings. This sentiment could persist until there is a clear indication of improved performance.
5. **Guidance and Outlook**: American Tower provides guidance for 2025, expecting total property revenue and AFFO per share ranges that suggest a cautious outlook. The company's focus on growth opportunities amid challenges suggests that a rebound in EPS may not be imminent.
In conclusion, while AMT has shown resilience in the face of challenges, the decline in EPS in Q3 2024 and the lack of positive indicators for Q1 2025 make it uncertain whether the EPS will rebound in the upcoming quarter. Investors should monitor the company's performance closely and consider the potential risks before making investment decisions.