American Tower (AMT) came out with quarterly funds from operations (FFO) of $2.79 per share, beating the Zacks Consensus Estimate of $2.53 per share. This compares to FFO of $2.46 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 10.28%. A quarter ago, it was expected that this wireless communications infrastructure company would post FFO of $2.55 per share when it actually produced FFO of $2.79, delivering a surprise of 9.41%.Over t ...

Exhibit 99.1 (1) Contact: Adam Smith Senior Vice President, Investor Relations and FP&A Telephone: (617) 375-7500 AMERICAN TOWER CORPORATION REPORTS SECOND QUARTER 2024 FINANCIAL RESULTS CONSOLIDATED HIGHLIGHTS Second Quarter 2024 ● Total revenue increased 4.6% to $2,900 million ● Property revenue increased 4.6% to $2,853 million ● Net income increased 96.8% to $908 million ● Adjusted EBITDA increased 8.1% to $1,890 million ● Net income attributable to AMT common stockholders increased 89.3% to $900 million ...

American Tower Corporation (AMT) is scheduled to release second-quarter 2024 results on Jul 30 before the opening bell. The quarterly results are expected to reflect year-over-year growth in revenues and funds from operations (FFO) per share.In the last quarter, American Tower reported an adjusted FFO per share of $2.79, which beat the consensus mark by 9.41%. The quarterly results reflected better-than-anticipated revenues, aided by revenue growth across its Property segment. Over the preceding four quarte ...

In its upcoming report, American Tower (AMT) is predicted by Wall Street analysts to post quarterly earnings of $2.53 per share, reflecting an increase of 2.9% compared to the same period last year. Revenues are forecasted to be $2.81 billion, representing a year-over-year increase of 1.2%.The consensus EPS estimate for the quarter has undergone a downward revision of 0.2% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their init ...

American Tower Corp. (AMT, Financial) is known as a good stock for long-term holding. Legendary value investor Chuck Akre (Trades, Portfolio)'s firm has owned this stock for more than 15 years in his fund portfolio. Currently, Akre Capital Management holds nearly 6.20 million shares of the company, representing nearly 8.60% of its equity portfolio. But the stock has done badly in the last three years, down 30.40%, making shareholders disappointed. Let's take a closer look to determine whether American Tower ...

American Tower (AMT) closed at $213.12 in the latest trading session, marking a +1.41% move from the prior day. The stock outpaced the S&P 500's daily loss of 1.39%. Elsewhere, the Dow saw an upswing of 0.6%, while the tech-heavy Nasdaq depreciated by 2.77%.The the stock of wireless communications infrastructure company has risen by 9.01% in the past month, leading the Finance sector's loss of 0.08% and the S&P 500's gain of 4.43%.The upcoming earnings release of American Tower will be of great interest to ...

The best way to get rich is not through get-rich quick schemes — slow and steady wins the race. It is not something to achieve in a single quarter or even a year. You create financial freedom that you can pass on to your children and grandchildren over a lifetime. The best generational wealth stocks are those that pay dividends. Income-generating stocks have a long history of outperforming not only non-dividend-paying stocks but other asset classes as well.A Deutsche Bank study showed that over the past 100 ...

bjdlzx American Tower (NYSE:AMT) is a leading global REIT that owns, develops, and operates over 224,000 communications sites across 25 countries on six continents. The company's portfolio primarily consists of wireless towers, distributed antenna systems, and data center facilities. AMT's Global Scale (American Tower Investor Relations) The below illustrates the relationship between AMT and its tower tenants. AMT Relationship with Tower Tenants (American Tower Investor Relations) As the largest ind ...

Shares of American Tower Corporation (AMT) have gained 9.7% in the past three months compared with the industry’s growth of 2.7%.The company is poised well to ride the growth curve with wireless carriers increasing capital expenditure due to rising wireless penetration, accelerated 5G network deployment efforts and spectrum auctions. The long-term leases with its tenants assure stable cash flows. Moreover, its continued efforts toward macro-tower investments are encouraging. A decent financial position also ...

~ Achieved statistically significant, dose-dependent, and durable evidence of potential therapeutic benefit; Patients receiving high-dose AMT-130 showed 80% slowing of disease progression in the composite Unified Huntington’s Disease Rating Scale (cUHDRS) at 24 months compared to a propensity score-weighted external control ~ ~ Achieved statistically significant lowering of CSF neurofilament light protein (NfL) compared to baseline at 24 months in patients treated with AMT-130; Mean CSF NfL levels for both ...