Nvidia reported third-quarter profit that doubled — putting it near the top of the S&P 500's growth. But look for profit growth elsewhere.
TORONTO, ON / ACCESSWIRE / November 22, 2024 / AmeriTrust Financial Technologies Inc. (TSXV:AMT)(OTC PINK:PWWBF)(Frankfurt:1ZVA) ("AmeriTrust", "AMT"or the"Company"), a fintech platform targeting automotive finance and specializing in used vehicle lease originations for the automotive industry, is announcing that it has filed its Interim Consolidated Financial Statements and Management's Discussion and Analysis report for the three and nine-month periods ended September 30, 2024. These documents may be viewed under the Company's profile at www.sedarplus.ca.
Not all REITs are created equal. Some are growing far faster than others. We highlight 3 REITs with rapid growth prospects in 2025.
American Tower, a real estate investment trust that owns, operates, and develops broadcast communications infrastructure worldwide, is now a $94 billion (by market cap) real estate titan. AMT increased its dividend for 14 consecutive years, with a 10-year dividend growth rate of 19.1%. American Tower advanced its revenue from $4.1 billion in FY 2014 to $11.1 billion in FY 2023, a compound annual growth rate of 11.7%.
TORONTO, ON / ACCESSWIRE / November 18, 2024 / AmeriTrust Financial Technologies Inc. (TSXV:AMT)(OTC PINK:PWWBF)(Frankfurt:1ZVA) ("AmeriTrust" or the "Company"), a fintech platform targeting automotive finance and specializing in used vehicle lease originations for the automotive industry, is pleased to announce the launch of a new division called AmeriTrust Serves. AmeriTrust Serves is an asset loan and lease servicing platform focused on providing the Company's national lending partners with technology, loss mitigation, and customer care unlike any other servicing model in the automotive industry.
American Tower's growth headwinds should fade next year.
Most REITs are in a strong position to grow their dividend in 2025. But some are growing far faster than others. I discuss 3 of the fastest growing REITs.
American Tower Corporation reported Q3-2024 and announced the sale of its India business. The stock is still hanging on to hopes of a return to the glory days. The reality is that the larger company is struggling to get anywhere near the traction it got in its heyday.
AMT's Q3 results reflect a year over year rise in revenues and strong organic tenant billing growth. However, it has lowered its 2024 outlook.
American Tower Corporation (NYSE:AMT ) Q3 2024 Earnings Call Transcript October 29, 2024 8:30 AM ET Company Participants Adam Smith - SVP of IR & FP&A Steve Vondran - President and CEO Rod Smith - EVP, CFO, and Treasurer Conference Call Participants Ric Prentiss - Raymond James David Barden - Bank of America Simon Flannery - Morgan Stanley James Schneider - Goldman Sachs Batya Levi - UBS Nick Del Deo - MoffettNathanson Brandon Nispel - KeyBanc Capital Markets Richard Choe - JPMorgan Operator Ladies and gentlemen, thank you for standing-by. Welcome to the American Tower Third Quarter 2024 Earnings Conference Call.
While the top- and bottom-line numbers for American Tower (AMT) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
American Tower (AMT) came out with quarterly funds from operations (FFO) of $2.64 per share, beating the Zacks Consensus Estimate of $2.54 per share. This compares to FFO of $2.58 per share a year ago.