American Tower Swings to Quarterly Loss, Trims FY Profit Outlook

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 ...

$792
OFF

American Tower Swings To Quarterly Loss, Trims FY Profit Outlook

2 weeks from now

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 ...

marketwatch.com

$792
OFF

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

2 weeks from now

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 …

morningstar.com

$792
OFF

American Tower Slips To Loss In Q3; Trims FY24 Outlook

2 weeks from now

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 …

nasdaq.com

$792
OFF

American Tower Slips To Loss In Q3; Trims FY24 Outlook

2 weeks from now

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 …

businessinsider.com

6%
OFF

American Tower Stock Slips After Q3 Revenue, 2024 Guidance …

2 weeks from now

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 …

msn.com

4%
OFF

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

2 weeks from now

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 …

nasdaq.com

$1.58
OFF

American Tower Swings To Q3 Loss - MarketScreener

2 weeks from now

Oct 29, 2024 · Analysts polled by Capital IQ expected a profit of $1.58. Revenue for the...-- American Tower reported a Q3 loss Tuesday of $1.69 per diluted share, swinging from net …

marketscreener.com

2%
OFF

American Tower (AMT) Down 2% Since Last Earnings Report: Can …

2 weeks from now

Nov 28, 2024 · In the third quarter, American Tower generated $1.47 billion of cash from operating activities, rising 13% year over year. Free cash flow in the period was $1.04 billion, …

nasdaq.com

3%
OFF

American Tower Reports Strong Q3 Earnings With AFFO Growth, …

2 weeks from now

Nov 9, 2024 · American Tower's Q3 results reveal a strong AFFO growth of 2.3% year-over-year, yet a significant one-time loss and missed revenue expectations have led to a cautious …

folikoinsights.com

5%
OFF

American Tower Earnings: Generally Good Results And Outlook …

2 weeks from now

Feb 27, 2024 · Despite elevated churn due to Sprint contract expirations and a slowdown in carrier spending, same tower sales growth in the US exceeded 5% during the fourth quarter …

morningstar.com

$900
OFF

American Tower Q2 Profit Nearly Doubles; Boosts FY24 Outlook

2 weeks from now

Jul 30, 2024 · (RTTNews) - American Tower (AMT) reported Tuesday that net income attributable to the company for the second quarter nearly doubled to $900.3 million or $1.92 per share …

nasdaq.com

FAQs about American Tower Swings to Quarterly Loss, Trims FY Profit Outlook Coupon?

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 Miss estimates for third-quarter revenue?

Oct 29 (Reuters) - Real estate investment trust American Tower (AMT.N) missed estimates for third-quarter revenue on Tuesday due to diminished customer spending in its leasing business. The company leases space on its communications sites to firms including wireless service providers as well as radio and television broadcasters. ...

Did American Tower cut its property revenue for the full year 2022?

(RTTNews) - While reporting its financial results for the second quarter on Thursday, American Tower (AMT) trimmed its property revenue for the full-year 2022. ...

How did American Tower perform in Q3 2024?

American Tower reported mixed earnings with a notable decline in net income but robust operational performance driving strong AFFO results. American Tower (AMT -3.10%), a leading provider of communications infrastructure, recently released its third-quarter 2024 earnings report on October 29. ...

How much does American Tower pay per share?

American Tower now expects annual adjusted funds from operations, a key measure of cash flow, to be between $9.86 per share and $10.03 per share. Analysts had estimated it to be $10.59 per share, according to data compiled by LSEG. ...