American Tower Drops 3.22% on Q2 Earnings Miss

On July 29, 2025, American Tower's stock price dropped by 3.22% in pre-market trading.

American Tower Corporation released its Q2 financial report for the fiscal year 2025, revealing a 2.62% year-over-year increase in revenue to $5.19 billion for the first six months of the year. However, net income for the same period decreased by 51.96% to $879 million, compared to $1.83 billion in the previous year. The company's earnings per share for the period stood at $1.83, down from $3.89 in the prior year.

American Tower Corporation, founded in 1995 as a subsidiary of American Radio Systems Corporation, operates as one of the world's largest real estate investment trusts (REITs) and is a leading independent owner, operator, and developer of multi-tenant communications real estate. The company's primary business involves leasing space on communication sites to wireless service providers, broadcast television companies, wireless data providers, government agencies, and municipal authorities, among others. Additionally, American Tower provides tower-related services in the United States.