American Tower Slips To Loss In Q3; Trims FY24 Outlook

Oct 29, 2024 · (RTTNews) - American Tower (AMT) reported Tuesday a net loss attributable to the company for the third quarter of $792.3 million or $1.69 per share from $586.9 million or …

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American Tower Slips To Loss In Q3; Trims FY24 Outlook

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Oct 29, 2024 · (RTTNews) - American Tower (AMT) reported Tuesday a net loss attributable to the company for the third quarter of $792.3 million or $1.69 per share from $586.9 million or …

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American Tower Swings To Quarterly Loss, Trims Fiscal Year Profit …

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Oct 29, 2024 · The Boston cellphone-tower owner Tuesday said it swung to a third-quarter loss of $792.3 million, or $1.69 a share, from a profit of $586.9 million, or $1.26 a share, a year …

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American Tower Swings To Quarterly Loss, Trims FY Profit Outlook

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The Boston cellphone-tower owner Tuesday said it swung to a third-quarter loss of $792.3 million, or $1.69 a share, from a profit of $586.9 million, or $1.26 a share, a year earlier. Revenue ...

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American Tower Stock Slips After Q3 Revenue, 2024 Guidance …

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American Tower (NYSE:AMT) stock slid 2.6% in Tuesday premarket trading after the REIT trimmed its 2024 guidance after Q3 revenue and adjusted EBITDA fells short of Wall Street …

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American Tower Corp (AMT) Reports Q3 2024 Revenue Of $2.52 Billi

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On October 29, 2024, American Tower Corp (AMT, Financial) released its 8-K filing detailing its financial performance for the third quarter of 2024.The company, which owns and operates …

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American Tower Stock Declines Despite Q3 AFFO Beat, '24 View …

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Oct 29, 2024 · American Tower Corporation’s (AMT Quick Quote AMT - Free Report) shares have declined nearly 4% in today’s trading session on a lower 2024 outlook.. Its third-quarter 2024 …

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American Tower Lowers 2024 Outlook Despite Q3 AFFO Beat

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Oct 30, 2024 · American Tower (AMT) shares dropped nearly 4% following a lowered 2024 outlook. Q3 AFFO per share was $2.64, beating expectations, with revenue growing 5.9% in …

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American Tower Slips To Loss In Q3; Trims FY24 Outlook

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Oct 29, 2024 · WASHINGTON (dpa-AFX) - American Tower (AMT) reported Tuesday a net loss attributable to the company for the third quarter of $792.3 million or $1.69 per share from …

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FX.co - American Tower Slips To Loss In Q3; Trims FY24 Outlook

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Oct 29, 2024 · American Tower (AMT) announced its third-quarter financial results, revealing a net loss attributable to the company amounting to $792.3 million, or $1.69 per share. This …

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American Tower Stock Declines Despite Q3 AFFO Beat, '24 View …

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Oct 29, 2024 · American Tower Corporation’s AMT shares have declined nearly 4% in today’s trading session on a lower 2024 outlook.. Its third-quarter 2024 adjusted funds from operations …

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American Tower Reports Q3 Loss Of $792.3 Million Amid Falling …

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Nov 1, 2024 · American Tower's Q3 results reveal a significant net loss of $792.3 million, driven by reduced spending from major telecom clients and a decline in leasing revenue. With …

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American Tower Stock Drops Amid Lowered 2024 Outlook

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American Tower (AMT) shares fell nearly 4% after the company revised its 2024 outlook downward. Despite a Q3 AFFO per share of $2.64, which beat the Zacks estimate of $2.54, …

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FAQs about American Tower Slips To Loss In Q3; Trims FY24 Outlook Coupon?

Does American Tower stock slip after Q3 revenue?

American Tower stock slips after Q3 revenue, 2024 guidance disappoint Oct. 29, 2024 9:26 AM ETAmerican Tower Corporation (AMT) StockBy: Liz Kiesche, SA News Editor Play(2min) xijian ...

How much did American Tower lose on revenue?

Analysts polled by FactSet had forecast a loss of $1.57 a share on revenue of $2.77 billion. Adjusted funds from operations, a key metric for companies with a real-estate-investment-trust structure such as American Tower, amounted to $2.64 a share, exceeding the average analyst forecast of $2.58 a share, according to FactSet. ...

Why did American Tower cut its full-year profit outlook?

By Rob Curran American Tower swung to a wider-than-expected quarterly loss and cut its full-year profit outlook following the sale of its operations in India, though adjusted funds from operations rose to beat market forecasts. ...

Why did American Tower (Amt) stock drop 26% in premarket trading?

American Tower (NYSE:AMT) stock slid 2.6% in Tuesday premarket trading after the REIT trimmed its 2024 guidance after Q3 revenue and adjusted EBITDA fells short of Wall Street expectations. ...

Why did a Merican tower stock slid 26% in premarket trading?

A merican Tower (NYSE: AMT) stock slid 2.6% in Tuesday premarket trading after the REIT trimmed its 2024 guidance after Q3 revenue and adjusted EBITDA fells short of Wall Street expectations. ...

What will American Tower's net income look like in 2024?

For 2024, American Tower said it now anticipates net income in a range between $1.992 billion and $2.072 billion, down from previous guidance for $3.23 billion-$3.32 billion, and below the consensus analyst forecast for $3.25 billion. ...