American Tower Corporation Reports Second Quarter 2017 Financial Results
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Stifel Reiterates Buy on American Tower (AMT) Following 2Q
July 27, 2017 1:34 PM EDTStifel reiterated a Buy rating and $150.00 price target on American Tower (NYSE: AMT) following the company's 2Q. American Tower reported revenues of $1,662.4M, ahead the consensus of $1,642.6M; the beat was driven by stronger performances in both properties and services revenues. AFFO came in at $1.68,... More
American Tower (AMT) Tops Q2 EPS by 6c
July 27, 2017 7:09 AM EDTAmerican Tower (NYSE: AMT) reported Q2 EPS of $0.80, $0.06 better than the analyst estimate of $0.74. Revenue for the quarter came in at $1.66 billion versus the consensus estimate of $1.64 billion.
Total revenue increased 15.3% to $1,662 millionProperty revenue increased 14.9% to $1,638 millionNet income increased 101.9% to $388 millionAdjusted EBITDA increased... More