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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

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Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

American Tower

American Tower Corp. provides real estate investment services, and owns, operates, and develops multi-tenant real estate properties. It operates through the following segments: U.S. & Canada, Asia-Pacific, Europe, Africa Latin America, and Services. The Asia-Pacific segment refers to the operations in Australia and India. The Europe segment consists of France, Germany, and Poland. The Africa segment consists of Burkina Faso, Ghana, Kenya, Niger, Nigeria, South Africa, and Uganda. The Latin America segment includes operations in Argentina, Brazil, Chile, Colombia, Costa Rica, Mexico, Paraguay, and Peru. The Services segment offers tower-related services in the United States, including site acquisition, zoning & permitting services, and structural analysis services. The company was founded in 1995 and is headquartered in Boston, MA.

Earnings data Q1 2021

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Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

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Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

American Tower (AMT) reports robust performance and strategic growth outlook

American Tower's Q4 2022 earnings call highlighted strong performance, strategic initiatives, and growth opportunities amidst economic challenges.
The company's focus on operational efficiency, ESG initiatives, and maintaining financial strength positions it well for sustainable growth and value creation.
With a solid market position, robust growth prospects, and a strategic outlook for 2023, American Tower remains poised for continued success in the telecommunications infrastructure sector.

American Tower excels in Q1 with strong U.S. tower and data center performance

American Tower's Q1 performance reflects robust growth in U.S. towers and data centers, driven by 5G investments.
The company is strategically reducing debt, exploring global portfolio optimization, and focusing on shareholder value.
Challenges include Latin America churn delay and AFFO growth impact, but opportunities lie in 5G expansion and data center growth.
Overall, American Tower remains well-positioned in the evolving telecommunications infrastructure landscape.

American Tower and CoreSite report strong Q2 performance and growth opportunities

American Tower and CoreSite demonstrated strong financial performance in Q2, driven by robust demand for data centers and strategic investments in international markets.
While facing challenges in selective investments and carrier activity slowdown, the companies are focused on maximizing margins, reducing debt, and exploring growth opportunities.
Opportunities lie in expanding international operations, optimizing capital deployment, and considering stock buybacks to enhance shareholder value and capitalize on infrastructure demand.
Overall, American Tower's disciplined approach to partnerships and operational efficiencies, along with CoreSite's consistent revenue growth and customer demand, position both companies for continued success.

American Tower (AMT) reports strong Q3 performance and strategic growth outlook

American Tower (AMT) showcases strong financial performance, strategic focus on 5G evolution, and disciplined capital allocation. While facing challenges like churn impacts and moderated activity levels, the company is optimistic about growth opportunities and aims for long-term AFFO per share growth. AMT's emphasis on balance sheet strength and shareholder returns underpins its strategic direction.

American Tower (AMT) reports resilient 2023 performance and strategic focus

American Tower (AMT) navigated challenges in 2023 to achieve strong financial performance, focusing on growth post-churn and strategic market positioning. The company's resilience, focus on carrier activity, and anticipation of future opportunities position it well for continued success in the evolving market landscape.

American Tower excels in Q1 with strong growth strategies

American Tower's Q1 earnings call showcased strong performance and strategic focus on growth drivers. The company is navigating challenges while capitalizing on opportunities to drive long-term value for shareholders.

American Tower excels in Q2, eyes global growth amid challenges

American Tower's strong Q2 performance and revised outlook reflect a focus on operational excellence and international strategy.
Challenges include managing exposure to emerging markets and potential impacts from interest rates and FX fluctuations.
Opportunities lie in data center expansion, international growth, and driving AFFO per share growth through revenue and cost initiatives.

American Tower reports strong Q3 results, eyes 5G densification opportunities

American Tower is confident in the long-term growth potential of its assets, aiming for sustained high-quality earnings growth. Shareholders can inquire about discontinued operations or general results/outlook through Investor Relations. The conference call is available for replay on the company's website.

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American Tower Corp. provides real estate investment services, and owns, operates, and develops multi-tenant real estate properties. It offers leasing of space on communications sites to wireless service providers, radio and television broadcast companies. It operates through the following segments: U.S. and Canada, Asia-Pacific, Africa, Europe, Latin America, and Data Centers. The company was founded in 1995 and is headquartered in Boston, MA.

Solid demand for AMT's wireless communication assets by network carriers and expansion efforts bode well. However, customer concentration is a major woe.

Here's Why You Should Keep American Tower in Your Portfolio

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The Impressive Durability Of REIT Investments

The relative resistance zone sits right around 240.

American Tower Stock Today: Capitalize On Future Swings With This Double Butterfly Spread Trade

American Tower is no longer a growth story; FFO has flatlined over the past three years despite inflationary tailwinds. Valuation compression was close to being done when we last wrote about it, but the big rally and poor FFO growth have changed things drastically. The stock is now at a Sell rating.

American Tower: Long Way Down

American Tower (AMT) closed at $232.31 in the latest trading session, marking a -1.54% move from the prior day.

American Tower (AMT) Stock Sinks As Market Gains: Here's Why

American Tower's (AMT) stock price appreciated by nearly 24% since February, driven by improved financial performance and a more dovish-looking Fed. The India exit, involving a $2.5 billion asset sale, impacts AMT's global ranking and revenue but aids in deleveraging and improving FFO per share. Despite challenges in 5G investment globally, AMT expects U.S. market growth and has seen increased application activity, beating Q1 and Q2 expectations.

American Tower: 5G Reacceleration, But Volatility Comes First (Rating Upgrade)

AMT announces the completion of the sale of its India operations to Brookfield. Proceeds from the sale are to be used to repay its existing debt.

American Tower Concludes Sale of Operations in India to Brookfield

In the most recent trading session, American Tower (AMT) closed at $237.14, indicating a -0.77% shift from the previous trading day.

American Tower (AMT) Stock Falls Amid Market Uptick: What Investors Need to Know

BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) announced that its Board of Directors declared a quarterly cash distribution of $1.62 per share on shares of the Company's common stock. The distribution is payable on October 25, 2024 to the stockholders of record at the close of business on October 9, 2024. About American Tower American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a p.

American Tower Corporation Declares Quarterly Distribution

Brookfield Asset Management

BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) (“American Tower”) today announced that it has closed the previously announced sale of 100% of the equity interests in its operations in India (“ATC India”) to Data Infrastructure Trust (“DIT”), an Infrastructure Investment Trust sponsored by an affiliate of Brookfield Asset Management (NYSE: BAM, TSX: BAM) (“Brookfield”). Total cash proceeds to American Tower associated with the transaction represents approximately INR 210 billion.

American Tower Closes the Sale of Operations in India to Brookfield

American Tower Corporation (NYSE:AMT ) Bank of America 2024 Global Real Estate Conference September 10, 2024 1:30 PM ET Company Participants Adam Smith - Senior Vice President, Corporate Finance and Investor Relations Conference Call Participants Dave Barden - Bank of America Dave Barden All right. Welcome everybody.

American Tower Corporation (AMT) Bank of America 2024 Global Real Estate Conference (Transcript)

American Tower Corporation (NYSE:AMT ) Goldman Sachs Communacopia + Technology Conference September 9, 2024 4:45 PM ET Company Participants Steve Vondran - Chief Executive Officer Conference Call Participants Jim Schneider - Goldman Sachs Jim Schneider Okay, great. Hey, good morning, everybody, or good afternoon, everybody.

American Tower Corporation (AMT) Goldman Sachs Communacopia + Technology Conference (Transcript)

In the most recent trading session, American Tower (AMT) closed at $236.16, indicating a +1.08% shift from the previous trading day.

Why the Market Dipped But American Tower (AMT) Gained Today

American Tower Corporation (NYSE:AMT ) Citi's 2024 Global TMT Conference September 4, 2024 2:10 PM ET Company Participants Steve Vondran - President & CEO Conference Call Participants Michael Rollins - Citi Michael Rollins Welcome to Citi's 2024 Global TMT Conference. For those of you I haven't met yet, I'm Mike Rollins with Citi Research and we're pleased to welcome American Tower's President and CEO, Steve Vondran.

American Tower Corporation (AMT) Citi's 2024 Global TMT Conference (Transcript)

American Tower Corporation (NYSE:AMT ) Bank of America's 2024 Media, Communications and Entertainment Conference Call September 5, 2024 9:40 AM ET Company Participants Steven Vondran - President and Chief Executive Officer Conference Call Participants David Barden - Bank of America David Barden [Abrupt start] joining us again. We're super pleased to have Steve Vondran, President and CEO from American Tower, joining us.

American Tower Corporation (AMT) Presents at Bank of America's 2024 Media, Communications and Entertainment Conference Call Transcript

American Tower (AMT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

American Tower (AMT) Upgraded to Buy: Here's Why

The month of September  is, infamously, a period of  weak seasonality for the stock market.

REIT Hasn't Finished September Higher in 10 Years

In the latest trading session, American Tower (AMT) closed at $224.06, marking a +0.24% move from the previous day.

Here's Why American Tower (AMT) Gained But Lagged the Market Today

BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) today announced that it will participate in the following upcoming investor conferences: Wednesday, September 4, 2024, 2:10 p.m. ET – Steve Vondran, President and Chief Executive Officer, is scheduled to speak at Citi's 2024 Global TMT Conference in New York, New York. Thursday, September 5, 2024, 9:40 a.m. ET – Steve Vondran, President and Chief Executive Officer, is scheduled to speak at the Bank of America 2024 Media, Communicat.

American Tower Corporation Announces Participation in Upcoming September Investor Conferences

Windstream Wholesale announces expansion at AMT's CoreSite BO1 data center in Boston, as it provides a critical hub for customers requiring high-performance connectivity.

Windstream Wholesale Expands in American Tower's CoreSite Facility

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My Best Investments Of 2024

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Bert's July Dividend Income Summary (2024)

It pays to select 'first round draft picks' for one's portfolio to help achieve your long-term financial goals. American Tower appears to be on such top pick for stable income and solid total returns from high quality assets. AMT's strong fundamentals, diverse portfolio, and strategic focus on high-demand sectors make it a solid investment opportunity.

News for American Tower Stock (AMT)