FMP

FMP

Enter

American Tower Tops Revenue Expectations, Stock Gains 4%

-

twitterlinkedinfacebook
blog post cover photo

Image credit: FMP

American Tower (NYSE:AMT) shares rose more than 4% intra-day today after the company reported first-quarter revenue that exceeded analyst estimates.

The company posted revenue of $2.56 billion for the quarter, beating the consensus forecast of $2.54 billion. Total property revenue edged up 0.2% year-over-year to $2.49 billion, supported by steady global leasing activity.

Net income fell 45.9% to $499 million, largely due to foreign currency losses, overshadowing otherwise stable operating trends. Adjusted EBITDA rose 1.9% year-over-year to $1.74 billion, reflecting modest growth in the company’s core profitability.

For full-year 2025, American Tower expects property revenue between $9.97 billion and $10.12 billion, targeting around 1.1% growth at the midpoint. Adjusted EBITDA is projected to range between $6.89 billion and $6.96 billion, implying a 1.6% increase.

Other Blogs

Sep 10, 2024 7:33 AM - Parth Sanghvi

Best Alternatives to Yahoo Finance for Downloading Historical Stock Data

When it comes to downloading historical stock data, Yahoo Finance has been a popular choice for many. However, for those looking for more comprehensive, accurate, and flexible options, Financial Modeling Prep (FMP) offers a suite of powerful tools and services that stand out as superior alternatives...

blog post title

Nov 8, 2024 5:30 AM - Sanzhi Kobzhan

Understanding Equity Valuation: When to Use DCF, DDM, and Price-Income (Multiplicators) Models

When it comes to investing in stocks, one of the key decisions an investor must make involves determining the intrinsic value of a company's shares. Equity valuation isn't just about numbers, it's an art mixed with science, aiming to predict future performance based on current and historical data. H...

blog post title

Nov 22, 2024 5:08 AM - Parth Sanghvi

Fundamental Analysis: Principles, Types, and How to Use It

Fundamental analysis is one of the most essential tools for investors and analysts alike, helping them assess the intrinsic value of a stock, company, or even an entire market. It focuses on the financial health and economic position of a company, often using key data such as earnings, expenses, ass...

blog post title
FMP

FMP

Financial Modeling Prep API provides real time stock price, company financial statements, major index prices, stock historical data, forex real time rate and cryptocurrencies. Financial Modeling Prep stock price API is in real time, the company reports can be found in quarter or annual format, and goes back 30 years in history.
twitterlinkedin
2017-2025 © Financial Modeling Prep