American Tower Corporation (AMT) reported fourth-quarter adjusted funds from operations (AFFO) per share, attributable to AMT common stockholders, of $2.29, outpacing the Zacks Consensus Estimate of $2.18. Total revenues of $2.79 billion, beat the Zacks Consensus Estimate of $2.73 billion.Its AFFO per share reported a 2.1% decrease year over year, while revenues rose 3% from the prior-year quarter.For 2023, the company’s AFFO of $9.87 per share increased 1.1% from a year ago and beat the consensus estimate ...

Shares of American Tower Corporation (AMT) have gained nearly 1.3% in today’s trading session in response to stellar fourth-quarter results.Adjusted funds from operations (AFFO) per share, attributable to AMT common stockholders, of $2.29 beat the Zacks Consensus Estimate of $2.18 but declined 2.1% year over year.Results reflect better-than-anticipated revenues, aided by revenue growth across its Property segment. American Tower recorded healthy year-over-year organic tenant billings growth of 6.1% and tota ...

Fourth Quarter & Full Year 2023 Earnings Conference Call Agenda Introduction Adam Smith Senior Vice President, Investor Relations Opening Remarks Steven Vondran President and Chief Executive Officer Financial Results Rod Smith Executive Vice President, Chief Financial Officer and Treasurer QA ...

American Tower Corporation (NYSE:AMT) Q4 2023 Earnings Conference Call February 27, 2024 8:30 AM ET Company Participants Adam Smith - SVP, IR Steven Vondran - President & CEO Rod Smith - EVP, CFO & Treasurer Conference Call Participants Simon Flannery - Morgan Stanley Michael Rollins - Citigroup David Barden - Bank of America Richard Prentiss - Raymond James Eric Luebchow - Wells Fargo Batya Levi - UBS Matthew Niknam - Deutsche Bank Brandon Nispel - KeyBanc Operator Ladies and gentlemen, thank you for stand ...

For the quarter ended December 2023, American Tower (AMT) reported revenue of $2.79 billion, up 3% over the same period last year. EPS came in at $2.29, compared to -$1.47 in the year-ago quarter.The reported revenue represents a surprise of +1.97% over the Zacks Consensus Estimate of $2.73 billion. With the consensus EPS estimate being $2.18, the EPS surprise was +5.05%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ex ...

American Tower (AMT) came out with quarterly funds from operations (FFO) of $2.29 per share, beating the Zacks Consensus Estimate of $2.18 per share. This compares to FFO of $2.34 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 5.05%. A quarter ago, it was expected that this wireless communications infrastructure company would post FFO of $2.35 per share when it actually produced FFO of $2.58, delivering a surprise of 9.79%.Over th ...

American Tower Corporation (AMT) is scheduled to release fourth-quarter and full-year 2023 results on Feb 27 before the opening bell. While the quarterly results are expected to reflect year-over-year growth in revenues, funds from operations (FFO) per share might exhibit a decline.In the last quarter, American Tower reported an adjusted FFO per share of $2.58, beating the consensus mark by 9.79%. The quarterly results reflected better-than-anticipated revenues, aided by improving revenues across its Proper ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One): ☒ Annual report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. For the fiscal year ended December 31, 2023 ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. For the transition period from to Commission File Number: 001-14195 American Tower Corporation (Exact name of registrant as specified in its charter) Delaware 65-0723837 (State ...

Exhibit 99.1 (1)(2)(3) (1)(2) (1)(2)(3) (1)(2) Contact: Adam Smith Senior Vice President, Investor Relations Telephone: (617) 375-7500 AMERICAN TOWER CORPORATION REPORTS FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL RESULTS CONSOLIDATED HIGHLIGHTS Fourth Quarter 2023 Full Year 2023 ● Total revenue increased 3.0% to $2,787 million ● Total revenue increased 4.0% to $11,144 million ● Property revenue increased 4.6% to $2,766 million ● Property revenue increased 5.1% to $11,001 million ● Net income increased 101. ...

Wall Street analysts forecast that American Tower (AMT) will report quarterly earnings of $2.18 per share in its upcoming release, pointing to a year-over-year decline of 6.8%. It is anticipated that revenues will amount to $2.73 billion, exhibiting an increase of 1% compared to the year-ago quarter.The consensus EPS estimate for the quarter has been revised 0.1% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial es ...