American Tower: 5G Reacceleration, But Volatility Comes First (Rating Upgrade) [Seeking Alpha]
American Tower Corporation (REIT) (AMT)
Last american tower corporation (reit) earnings: 4/29 07:00 am
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US:NYSE Investor Relations:
americantower.com/corporateus/investor-relations/index.htm
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Source: Seeking Alpha
Follow Play 13min Summary 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. Also, CoreSite acquisition positions AMT in AI, as it moves towards the edge. This remains a rate-sensitive stock, but it deserves better given it is improving the quality of earnings by exiting emerging markets and controlling leverage. We Are/DigitalVision via Getty Images Since I last covered American Tower Corporation ( NYSE: AMT ) in February in my piece entitled " Telco Spending Issue And Rate Sensitivity Risks" its price has appreciated by nearly 22% and was trading at around $236 at Thi
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News
- Is American Tower Corporation (AMT) the Best Real Estate Stock to Buy For Beginners? [Yahoo! Finance]Yahoo! Finance
- ClearBridge All Cap Value Strategy's New Addition: American Tower (AMT) [Yahoo! Finance]Yahoo! Finance
- American Tower Co. (NYSE: AMT) had its price target raised by analysts at JPMorgan Chase & Co. from $240.00 to $250.00. They now have an "overweight" rating on the stock.MarketBeat
- American Tower (AMT) Stock Sinks As Market Gains: Here's Why [Yahoo! Finance]Yahoo! Finance
- ETFs to consider as interest rates come down [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
AMT
Earnings
- 7/30/24 - Miss
AMT
Sec Filings
- 9/17/24 - Form 4
- 9/13/24 - Form 144
- 9/12/24 - Form 8-K
- AMT's page on the SEC website