American Tower (AMT) Q4 FFO and Revenues Surpass Estimates

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 ...