American Tower (AMT) Q3 FFO and Revenues Beat Estimates
American Tower (AMT) came out with quarterly funds from operations (FFO) of $2 per share, beating the Zacks Consensus Estimate of $1.96 per share. This compares to FFO of $1.85 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an FFO surprise of 2.04%. A quarter ago, it was expected that this wireless communications infrastructure company would post FFO of $1.93 per share when it actually produced FFO of $2.01, delivering a surprise of 4.15%.
Over the last four quarters, the company has surpassed consensus FFO estimates three times.
American Tower, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $1.95 billion for the quarter ended September 2019, surpassing the Zacks Consensus Estimate by 5.04%. This compares to year-ago revenues of $1.79 billion.
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https://finance.yahoo.com/news/american-...12352.html
American Tower (AMT) came out with quarterly funds from operations (FFO) of $2 per share, beating the Zacks Consensus Estimate of $1.96 per share. This compares to FFO of $1.85 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an FFO surprise of 2.04%. A quarter ago, it was expected that this wireless communications infrastructure company would post FFO of $1.93 per share when it actually produced FFO of $2.01, delivering a surprise of 4.15%.
Over the last four quarters, the company has surpassed consensus FFO estimates three times.
American Tower, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $1.95 billion for the quarter ended September 2019, surpassing the Zacks Consensus Estimate by 5.04%. This compares to year-ago revenues of $1.79 billion.
...
https://finance.yahoo.com/news/american-...12352.html
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