Revenue segments as reported by the company.

Property

Services

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

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

Depreciation, amortization and accretion

Selling, general, administrative and development expense

Other operating expenses

Goodwill impairment

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

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.

Outstanding Shares

Market Cap

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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

Arbor Realty Trust

AFC Gamma

Apollo Commercial Real Estate Finance

JPMorgan BetaBuilders MSCI US REIT ETF

Broadstone Net Lease

BrightSpire Capital

Brixmor Property Group

Boston Properties

Camden Property

Centerspace REIT

CareTrust REIT

CubeSmart

Direxion Daily Real Estate Bull 3x Shares

Direxion Daily Real Estate Bear 3x Shares

Equity LifeStyle Properties

EPR Properties

Essex Property Trust

Extra Space Storage

Franklin BSP Realty Trust Inc

Fidelity MSCI Real Estate ETF

First Trust S&P REIT Index Fund

Hudson Pacific Properties

Host Hotels & Resorts

iShares Cohen & Steers REIT ETF

U.S. equity markets advanced for a second week while benchmark interest rates retreated from five-month highs after a critical slate of employment data showed a long-awaited cooldown in hiring trends. Foreshadowed by "dovish" remarks from Fed Chair Powell at the FOMC's policy meeting, payrolls data showed that job growth slowed to six-month lows while wage growth cooled to three-year lows. Following its best week since November, the S&P 500 advanced 0.6%, while bonds caught a bid this week across the yield and maturity curve.

The Labor Downshift

Agree Realty

Alexandria Real Estate Equities

Brookfield Asset Management

Brookfield Renewable Partners

Brookfield Corp

Comcast

EastGroup Properties

Hannon Armstrong Sustainable Infrastructure Capital

InvenTrust Properties Corp

Mid-America Apartment Communities

Microsoft

Rexford Industrial Realty

Whirlpool

Essential Utilities

The stock market reacted to the Federal Reserve's decisions with initial optimism, then reverted to pessimism, and now seems back to optimism. Fed Chair Jay Powell does not expect inflation to return to the target of 2% in the next few months but believes it will come down later this year. There are weakening trends in small business, the labor market, and consumer finances that lead me to believe the economy is in the "late-cycle" phase.

Every Dividend Stock On My Buy List For May

Apollo Senior Floating Rate Fund

Ellington Residential Mortgage REIT

Enterprise Products Partners

Energy Transfer LP Unit

First Trust MLP & Energy Income Fund

First Trust Energy Infrastructure Fund

Blackrock Floating Rate Income Strategies Fund Inc

GAMCO Global Gold. Natural Resources & Income Trust

MPLX

Newmont Mining

PIMCO Dynamic Income Opportunities Fund

Prologis

Cohen & Steers Real Estate Opportunities and Income Fund

Sabine Royalty Trust

Welltower

Intrexon

$178.25   Dynamic Income Opportunities Fund (NYSE:PDO) 14.21% $177.63 Apollo Senior Floating Rate Fund Inc.

Want $1,200 per Month in Passive Income? Invest in These Stocks

Tower REITs benefit from population growth, new technologies, and data proliferation, driving demand for more towers and increasing cash flow growth potential. The industry has faced recent challenges due to weaker leasing activity in the US, churn from Sprint, and higher rates. Depressed by technical selling after a small change in dividend policy, AMT's current valuation presents an attractive entry point based on our SOTP valuation, which implies ~25% upside.

American Tower: Tower-Ing Returns

American Tower's (AMT) Q1 results beat estimates on better-than-anticipated revenues and strong organic tenant billing growth. It has raised its outlook for 2024.

American Tower's (AMT) Q1 AFFO Beat Estimates, '24 View Raised

American Tower Corporation [AMT] Q1 2024 Earnings Conference Call April 30, 2024 8:30 AM ET Company Participants Steve Vondran - President & CEO Rod Smith - EVP, CFO & Treasurer Adam Smith - SVP, IR and FP&A Conference Call Participants Matt Niknam - Deutsche Bank Michael Rollins - Citigroup Simon Flannery - Morgan Stanley Rick Prentiss - Raymond James David Barden - Bank of America Nick Del Deo - MoffettNathanson Batya Levi - UBS Jon Atkin - RBC Operator Ladies and gentlemen, thank you for standing by. Welcome to the American Tower First Quarter 2024 Earnings Conference Call.

American Tower Corporation (AMT) Q1 2024 Earnings Call Transcript

Although the revenue and EPS for American Tower (AMT) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

American Tower (AMT) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

American Tower (AMT) came out with quarterly funds from operations (FFO) of $2.79 per share, beating the Zacks Consensus Estimate of $2.55 per share. This compares to FFO of $2.54 per share a year ago.

American Tower (AMT) Q1 FFO and Revenues Beat Estimates

American Tower raised its forecast for annual property revenue on Tuesday as the real estate investment trust benefits from healthy telecom and wireless carrier spending.

American Tower Corp raises annual revenue forecast on healthy telecom spending

BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) today reported financial results for the quarter ended March 31, 2024. Steven Vondran, American Tower's Chief Executive Officer, stated, “The strong performance we saw in 2023, underscored by robust demand across our asset platforms, continued into the first quarter, resulting in Attributable AFFO per Share growth of nearly 10%. With visibility into accelerating activity across the U.S. and Europe, a continuation of elevated new bu.

American Tower Corporation Reports First Quarter 2024 Financial Results

American Tower's (AMT) Q1 earnings are likely to have benefited from the robust demand for its communication real estate portfolio, though high interest expenses and elevated churn remain concerns.

What to Expect From American Tower (AMT) in Q1 Earnings?

American Tower is oversold, thus creating an asymmetric return/risk profile. From a technical perspective, AMT has been trading in oversold territory recently and now shows signs of selling exhaustion. Fundamentally, the stock is trading at a large valuation discount despite strong profit catalysts.

American Tower Is Oversold (Technical Analysis)

Investors have the opportunity to be selective in the current market, especially when it comes to discounted REITs.

2 Premier REITs Now At Bargain Prices

Besides Wall Street's top -and-bottom-line estimates for American Tower (AMT), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2024.

Stay Ahead of the Game With American Tower (AMT) Q1 Earnings: Wall Street's Insights on Key Metrics

In the latest trading session, American Tower (AMT) closed at $174.18, marking a +1.09% move from the previous day.

American Tower (AMT) Increases Yet Falls Behind Market: What Investors Need to Know

DENVER--(BUSINESS WIRE)--CoreSite, a leading hybrid IT solutions provider and subsidiary of American Tower Corporation (NYSE: AMT) (“American Tower”), today announced partnership with Oxide Computer Company, the creator of the world's first commercial Cloud Computer, to leverage colocation solutions at CoreSite's Silicon Valley SV2 data center. By delivering a true rack-scale system with fully unified hardware and software, the Oxide Cloud Computer's networking, compute and storage capabilities.

Oxide Computer Company Transforms Hyperscale-Grade Cloud Infrastructure Leveraging CoreSite's Data Center Solutions

TELUS

Verizon

It's no secret that inflation has been heating up over the past few years. Since the onset of the COVID-19 pandemic, supply chains and the labor market have been in a state of continuous disruption.

3 Telecom Stocks Poised to Thrive in the Face of Rising Costs

Crown Castle International

SBA Communications

Communication has come a long way since the dawn of time, from limited means of visuals and sounds to the development of written language. Slow communication in the past led to battles being fought even after wars had been settled, such as the Battle of New Orleans in 1815. American Tower, Crown Castle, and SBA Communications are three leading cell tower REITs that offer stable cash flows and outsized total return prospects.

It's Tower Time

American Tower trades well below their 5-year P/AFFO average of roughly 25x, presenting a great buying opportunity for long-term investors. The company has shown solid growth in a challenging economic environment and managed to grow its top & bottom lines YoY despite a miss in Q4. The stock is currently trading at a discount compared to its historical average and offers potential upside for long-term investors.

American Tower: Buy-And-Hold Investors Should Be Euphoric About This Bargain

News for American Tower Stock (AMT)