American Tower (AMT) came out with quarterly funds from operations (FFO) of $2.79 per share, beating the Zacks Consensus Estimate of $2.53 per share. This compares to FFO of $2.46 per share a year ago.
Real estate investment trusts (REIT) provide steady income, and most recently, capital appreciation for most investors. Still, I believe that it is advisable to divest in REITs because of different economic and real estate-related issues.
American Tower's (AMT) Q2 earnings are likely to have benefited from the solid demand for its communication real estate portfolio, though high interest expenses and elevated churn remain concerns.
Evaluate the expected performance of American Tower (AMT) for the quarter ended June 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
If you're retiring, already retired, or even thinking about retiring, it's always a good idea to protect your portfolio with retirement stocks. One way to do that is by buying safe dividend stocks.
Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
American Tower Corp. (AMT, Financial) is known as a good stock for long-term holding. Legendary value investor Chuck Akre (Trades, Portfolio)'s firm has owned this stock for more than 15 years in his fund portfolio.
The latest trading day saw American Tower (AMT) settling at $213.12, representing a +1.41% change from its previous close.
Providers of AI infrastructure ‘picks and shovels' stand to benefit from growing demand
The best way to get rich is not through get-rich quick schemes — slow and steady wins the race. It is not something to achieve in a single quarter or even a year.
American Tower is a leading global REIT with over 224,000 communications sites worldwide. AMT's tower assets serve as critical infrastructure for wireless networks, providing a wide coverage footprint difficult to replicate. AMT's strong competitive positioning, long-term growth drivers, and shareholder-friendly capital allocation make it an attractive investment with an attractive valuation.
Infrastructure stocks have seen significant pullbacks recently. However, I am buying them hand-over-fist right now. I share why I am so bullish on infrastructure even though the market isn't.