American Tower (AMT) Pushes Sector Higher Following Q1 Numbers

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May 3, 2012 11:56 AM EDT
Tower stocks are moving higher Thursday following stronger quarterly reports out of a handful of companies.

Earlier, American Tower (NYSE: AMT) reported first-quarter 2012 EPS of 56 cents on revs of $696.5 million, versus expectations calling for EPS of 40 cents and revs of $672.3 million.

Numbers follow Crown Castle's (NYSE: CCI) Logged in as ' + r.name).show(); $jq('#fbshare').show(); $jq('#fbsharechk').attr('checked', 'checked'); }); }; $jq(function() { // auto expand twitterwidget to 650px in copy_story var expandTwitterCount = 0; var expandSeveralTimes = 0; var expandTwitterwidget = function() { console.log('expandtwitterwidget'); if ( $jq('#copy_story').find('twitterwidget').length > 0 ) { $jq('#copy_story').find('twitterwidget').css('width', '650px'); expandSeveralTimes++; } if ( expandTwitterCount++ < 100 && expandSeveralTimes < 10 ) { setTimeout(expandTwitterwidget, 100); } }; if ( $jq('#copy_story').find('blockquote.twitter-tweet').length > 0 || $jq('#copy_story').find('twitterwidget').length > 0 ) { setTimeout(expandTwitterwidget, 100); } }); var NEWSID = '7399953'; (function() { var FBLIKED = false; window.onFbLike = function() { if ( !FBLIKED ) { $jq.ajax('news_share.php', { type: 'POST', data: {'id': NEWSID, 'st': 'facebook'}, dataType: 'json' }).done(function(json) { $jq('#sharecount').text(json.text); }); FBLIKED = true; } }; })(); var reloadCaptcha = function() { $jq('#captcha_img').attr('src', '/captcha.php?time=' + new Date().getTime()); };