Revenue segments as reported by the company.

Property

Services

Revenue Segments

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

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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

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Goodwill impairment

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

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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.

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

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Earnings data Q1 2022

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Earnings data Q1 2023

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Earnings data Q1 2024

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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.

Amazon

CRISPR Therapeutics

CrowdStrike

Alphabet

Lovesac Company

Okta

PayPal

Vertex Pharmaceuticals

Western Digital

There has been no shortage of next-big-thing trends for investors to latch onto over the past three decades. Some of this year's hottest trends, including artificial intelligence (AI) and electric vehicles (EVs), could falter in 2024.

5 Unstoppable Trends to Invest $1,000 in for 2024

The generative AI hype has invaded the Data Center REIT space, with AMT similarly rallying by +31% since the recent October 2023 bottom. On the one hand, we are highly encouraged by AMT's growing profitability, long-term leases, and future tailwinds, attributed to the growing data consumption. Combined with its relatively healthy balance sheet, it is apparent that the REIT is highly positioned for success, with the Fed pivot likely to further boost its prospects.

American Tower: This Rally Is Too Hot To Handle

Corning

QUALCOMM

The year 2023 was not great for telecom companies or their hardware providers. After heavy spending in 2021 and 2022, many firms dialed back investments this year.

5G and Beyond: 3 Companies Innovating at the Edge of Connectivity

American Tower Corporation (NYSE:AMT ) UBS Global Media & Communications Conference December 4, 2023 2:15 PM ET Company Participants Steven Vondran - Executive Vice President and Global Chief Operating Officer Conference Call Participants Batya Levi - UBS Batya Levi We'll get started now. Thanks, everyone, for joining us.

American Tower Corporation (AMT) UBS Global Media & Communications Conference

American Tower specializes in owning and operating communication real estate, providing essential infrastructure for wireless networks. The company is expected to benefit from the double-digit growth of connected mobile devices in the US. American Tower has revised its financial outlook for 2023, showing positive growth in adjusted funds from operations and adjusted EBITDA.

American Tower: Set To Benefit From Fast Growth Of Smartphone Market

American Tower Corporation has a global portfolio with assets on 6 continents, including 200,000 towers and data centers. The company expects strong revenue growth due to the increasing demand for data transmission and processing in both 5G and autonomous driving. AMT's recent results showed positive rent revenue growth, cost management success, and increased liquidity, but there are concerns about collection risk and valuation.

American Tower Is Too Expensive

Arlington Asset Investment

Arbor Realty Trust

ACRES Commercial Realty Corp.

AGNC Investment

Apple Hospitality REIT

Alexandria Real Estate Equities

JPMorgan BetaBuilders MSCI US REIT ETF

Builders FirstSource

Crown Castle International

COPT Defense Properties

Americold Realty

Direxion Daily Real Estate Bull 3x Shares

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Ellington Financial

Extra Space Storage

Fidelity MSCI Real Estate ETF

First Trust S&P REIT Index Fund

iShares Cohen & Steers REIT ETF

Invesco Mortgage Capital

iShares U.S. Real Estate ETF

Nuveen Real Estate Income Fund

Invesco KBW Premium Yield Equity REIT ETF

Annaly Capital

Neuberger Berman Real Estate Securities Income Fund Inc

U.S. equity markets notched a fifth-straight week of gains as benchmark interest rates continued a decisive retreat after economic data and comments from Fed officials fueled bets on a pending pivot. Advancing for a fifth-straight week since dipping into "correction territory" at the end of October, the S&P 500 gained another 0.8% on the week, while Mid-Caps and Small-Caps gained 2%. Lifted by the rate retreat, real estate equities were again the leaders this week. The Equity REIT Index rallied 5.0% this week, extending their rebound since late-October to nearly 20%.

Pivot Pending

NETSTREIT Corp

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I still have sleepless nights, especially when I put hard-earned capital on stocks that are "less than SWANs", including Medical Properties Trust and Brandywine Realty. Fortunately, the large majority of my portfolio are stocks that I refer to as SWANs (stands for sleep well at night). In this article, I will highlight five up-and-coming SWANs, what I refer to as SWAN-a-Bees.

The Next Generation Of Sleep-Well-At-Night REITs

BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) today announced that Steve Vondran, its Executive Vice President, Global Chief Operating Officer, is scheduled to present at the UBS Global Media and Communications Conference on Monday, December 4, 2023, at 2:15 p.m. ET. A live webcast link for the event will be available on the Company's website. American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications r.

American Tower to Present at the UBS Global Media and Communications Conference

American Tower stock is upgraded from strong sell to buy due to significant improvement in its technical picture and relative strength compared to peers. The stock is overbought but is supported by key support levels and positive seasonality in December. Falling Treasury yields and improving fundamentals, including revenue growth and margins, support a higher share price.

American Tower: 2-Notch Upgrade From Sell To Buy

Agilent Technologies

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Accenture Plc

AGCO

Assurant

Allstate

Applied Materials

Ball Corp

Cardinal Health

Caterpillar

Celanese

D.R. Horton

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Target

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W. R. Berkley

We explain why selling cash-covered puts and covered calls are relatively safe choices for earning a high income. We will discuss how to formulate a sustainable and repeatable options income strategy. In this monthly series, we present how to go about selecting the right kind of stocks for options income. We present two lists of 10 stocks with multiple scenarios: PUT options, CALL options, and deep-in-the-money CALL options.

Earn A Potential 10% Plus Income With Options (December 2023)

Agree Realty

Mid-America Apartment Communities

Realty Income Corp

Prologis

Spirit Realty Capital

I plan to give my children shares in real estate investment trusts as a Christmas gift to jump-start generational wealth. I recommend Realty Income, American Tower, Agree Realty, VICI Properties, MidAmerica, and Prologis Inc. as high-quality REITs. REITs are attractive because they must pay out at least 90% of taxable income in dividends, providing a steady income stream.

REIT Dividends: The Gift That Keeps On Giving

American Tower (AMT) is well-poised to gain from the rising demand for wireless connectivity and its strategic acquisitions despite customer concentration woes and a high interest rate environment.

American Tower (AMT) Up 20.1% QTD: Will the Trend Last?

AT&T

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The nationwide launch of fifth-generation (5G) wireless networks three years ago heralded the start of a new investment cycle. It marked the first time in over a decade that wireless carriers had significantly upgraded their infrastructure.

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Equinix

iShares Core U.S. REIT ETF

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Investing directly in real estate can be hard for many people and impossible for some. Fortunately, you can easily invest in real estate via real estate investment trusts (REITs).

You Don't Have to Pick a Winner In REITs. Here's Why.

News for American Tower Stock (AMT)