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 ...

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. ...

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 ...

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 ...

Javier Ghersi/Moment via Getty Images Buying dividend stocks and dividend-focused ETFs is the name of the game. The stock market continues to twist and turn with each new earnings release and inflation report. Thus, creating opportunities for us to buy and add to the positions in our dividend stock portfolios. Learn about the purchases we made, the amount invested, and most importantly, how much dividend income we added to our dividend stock portfolios this week! The S&P 500 once again finished the week ...

farakosThis article was coproduced with Leo Nelissen. In this article, we’ll do a number of things, starting with a discussion of sticky inflation, which, as we expected, turned out to be stickier than markets expected. This could have implications for a potential market rotation, favoring high-quality dividend stocks that currently “nobody” seems to be interested in. We’ll tell you what we are looking for and some picks we are watching and investing in. So, without further ado, let’s get right to it! S ...

In the latest trading session, American Tower (AMT) closed at $188.42, marking a -1.75% move from the previous day. The stock fell short of the S&P 500, which registered a loss of 1.37% for the day. On the other hand, the Dow registered a loss of 1.35%, and the technology-centric Nasdaq decreased by 1.8%.Shares of the wireless communications infrastructure company have depreciated by 8.43% over the course of the past month, underperforming the Finance sector's gain of 2.82% and the S&P 500's gain of 5.1%.Ma ...

Bill OxfordAmerican Tower (NYSE:AMT) currently offers a discounted valuation compared to its history and has a sustainable dividend, making it an interesting play within the REIT sector. As I’ve covered in a previous article, American Tower is a good long-term income investment due to strong fundamentals and a sustainable dividend. However, its relatively weak growth prospects have been a drag on its share price performance, and since my previous article its shares are up by ~5%, clearly underperforming ...

In the latest trading session, American Tower (AMT) closed at $193.62, marking a +1.02% move from the previous day. The stock's change was more than the S&P 500's daily gain of 0.82%. Elsewhere, the Dow saw an upswing of 0.41%, while the tech-heavy Nasdaq appreciated by 0.95%.Shares of the wireless communications infrastructure company have depreciated by 9.53% over the course of the past month, underperforming the Finance sector's gain of 1.02% and the S&P 500's gain of 5.59%.Market participants will be cl ...