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American Tower Corp (AMT.N)

AMT.N on New York Stock Exchange

193.40USD
23 Apr 2019
Change (% chg)

$1.08 (+0.56%)
Prev Close
$192.32
Open
$193.59
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$192.52
Volume
560,377
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504,576
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$198.06
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$133.55

Latest Key Developments (Source: Significant Developments)

American Tower Says CEO's 2018 Total Compensation Was $14.3 Mln Versus $13.1 Mln In 2017
Wednesday, 10 Apr 2019 

April 10 (Reuters) - American Tower Corp ::AMERICAN TOWER CORP SAYS CEO JAMES D. TAICLET'S 2018 TOTAL COMPENSATION WAS $14.3 MILLION VERSUS $13.1 MILLION IN 2017 – SEC FILING.AMERICAN TOWER CORP SAYS CFO THOMAS A. BARTLETT'S 2018 TOTAL COMPENSATION WAS $6.1 MILLION VERSUS $5.8 MILLION IN 2017 – SEC FILING.AMERICAN TOWER CORP - FOR 2018 RATIO OF ANNUAL TOTAL COMPENSATION OF CEO TO MEDIAN EMPLOYEE WAS ESTIMATED TO BE ABOUT 282 TO 1.  Full Article

American Tower Corp Reports Q4 Consolidated AFFO Per Share Of $2.40
Wednesday, 27 Feb 2019 

Feb 27 (Reuters) - American Tower Corp ::ORATION REPORTS FOURTH QUARTER AND FULL YEAR 2018 FINANCIAL RESULTS.Q4 REVENUE $2.132 BILLION VERSUS REFINITIV IBES ESTIMATE OF $2.04 BILLION.QTRLY CONSOLIDATED AFFO PER SHARE $2.40.AMERICAN TOWER - QTRLY, 2018 RESULTS IMPACTED BY CHURN DRIVEN BY CARRIER CONSOLIDATION PROCESS, CO'S SETTLEMENT WITH TATA.AMERICAN TOWER - EXPECT INDIAN CARRIER CONSOLIDATION-DRIVEN CHURN (ICCC) TO IMPACT OPERATIONAL, FINANCIAL RESULTS AT VARYING RATES THROUGHOUT 2019.AMERICAN TOWER - EXPECT ICCC TO RESULT IN OVERALL REDUCTION IN INDIAN CONTRACTED TENANT REVENUE IN 2019.SEES 2019 TOTAL PROPERTY REVENUE $7,125 MILLION TO $7,295 MILLION.SEES 2019 NET INCOME $1,510 MILLION TO $1,620 MILLION.SEES 2019 CONSOLIDATED AFFO $3,370 MILLION TO $3,480 MILLION.SEES 2019 ADJUSTED EBITDA $4,415 MILLION TO $4,525 MILLION.SEES 2019 CAPEX $900 MILLION TO $1,000 MILLION.Q4 FFO PER SHARE VIEW $2.24 -- REFINITIV IBES DATA.FY2019 REVENUE VIEW $7.33 BILLION -- REFINITIV IBES DATA.AMERICAN TOWER - EXPECTS 2019-SPECIFIC IMPACTS OF ICCC TO PROPERTY REVENUE, ADJUSTED EBITDA AND CONSOLIDATED AFFO OF $191 MILLION, $148 MILLION AND $118 MILLION.  Full Article

American Tower Q2 Adjusted FFO Per Share $1.90
Tuesday, 31 Jul 2018 

July 31 (Reuters) - American Tower Corp ::AMERICAN TOWER REPORTS SECOND QUARTER 2018 FINANCIAL RESULTS.Q2 ADJUSTED FFO PER SHARE $1.90.Q2 REVENUE $1.781 BILLION VERSUS I/B/E/S VIEW $1.75 BILLION.AMERICAN TOWER-REDUCING MIDPOINT OF FY18 OUTLOOK FOR PROPERTY REVENUE, NET INCOME AND ADJUSTED EBITDA BY $60 MILLION, $80 MILLION AND $30 MILLION, RESPECTIVELY.REITERATING MIDPOINT OF ITS OUTLOOK FOR CONSOLIDATED AFFO FOR 2018.SEES 2018 CONSOLIDATED AFFO $3.20 BILLION TO $3.260 BILLION.  Full Article

BRIEF-American Tower Corp Reports Quarterly Consolidated AFFO Per Share Of $1.64
Tuesday, 27 Feb 2018 

Drops extraneous text from first bullet:REPORTS FOURTH QUARTER AND FULL YEAR 2017 FINANCIAL RESULTS.Q4 REVENUE ROSE 10.7 PERCENT TO $1.705 BILLION.QUARTERLY CONSOLIDATED AFFO PER SHARE $1.64.QUARTERLY AFFO ATTRIBUTABLE TO AMT COMMON STOCKHOLDERS PER SHARE $1.59.SEES FY 2018 TOTAL PROPERTY REVENUE $6,930 MILLION TO $7,120 MILLION.SEES FY 2018 CONSOLIDATED AFFO $3,160 MILLION TO $3,260 MILLION.  Full Article

American Tower Corp Announces New Stock Repurchase Program
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - American Tower Corp ::AMERICAN TOWER CORPORATION DECLARES QUARTERLY DISTRIBUTION AND ANNOUNCES NEW STOCK REPURCHASE PROGRAM.AMERICAN TOWER CORP - BOARD APPROVED NEW STOCK REPURCHASE PROGRAM PURSUANT TO WHICH CO IS AUTHORIZED TO REPURCHASE UP TO $2.0 BILLION OF COMMON STOCK.  Full Article

American Tower Corp Prices Senior Notes Offering
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - American Tower Corp ::AMERICAN TOWER CORPORATION PRICES SENIOR NOTES OFFERING.AMERICAN TOWER CORP - PRICING OF PUBLIC OFFERING OF SENIOR UNSECURED NOTES DUE 2023 AND 2028, IN AMOUNTS OF $700.0 MILLION & $700.0 MILLION, RESPECTIVELY.AMERICAN TOWER CORP - 2023 NOTES WILL HAVE AN INTEREST RATE OF 3.000% PER ANNUM AND ARE BEING ISSUED AT A PRICE EQUAL TO 99.742% OF THEIR FACE VALUE.AMERICAN TOWER CORP - 2028 NOTES WILL HAVE AN INTEREST RATE OF 3.600% PER ANNUM AND ARE BEING ISSUED AT A PRICE EQUAL TO 99.476% OF THEIR FACE VALUE.  Full Article

Tiger Global Management ups stake in Netflix, takes stake in Roku
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Tiger Global Management::Tiger Global Management takes share stake of 1.5 million class A shares in Roku Inc - Sec filing‍​.Tiger Global Management ups share stake in Netflix to 3.1 million shares from 376,400 shares.Tiger Global Management takes share stake of 30.2 million shares in Despegar.com.Tiger Global Management dissolves share stake in On Deck Capital Inc.Tiger Global Management dissolves share stake in American Tower Corp.Tiger Global Management ups share stake in Fiat Chrysler Automobiles by 18.5 percent to 24.8 million.Tiger Global Management - change in holdings are as of Sept 30, 2017 and compared with the previous quarter ended as of June 30, 2017.  Full Article

American Tower to buy tower businesses from Vodafone India and Idea Cellular
Monday, 13 Nov 2017 

Nov 12 (Reuters) - American Tower Corp -:American Tower announces entry into agreements to acquire tower businesses from Vodafone India and Idea Cellular.Deal ‍expected to generate abt $320 million in property revenue, abt $120 million in gross margin during their first full year​.‍SG&A associated with assets is expected to be less than about $10 million for first year​.‍Cash consideration for deal is expected to to be about $1.2 billion​.  Full Article

American Tower says qtrly AFFO earnings per share $1.63
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - American Tower Corp -:American Tower Corporation reports third quarter 2017 financial results.Q3 revenue $1.681 billion versus I/B/E/S view $1.68 billion.American Tower Corp - qtrly AFFO earnings per share $1.63.American Tower Corp sees ‍FY 2017 total property revenue $6,510 million to $6,580​ million.American Tower Corp sees FY 2017 ‍consolidated AFFO in range of $2,870 million to $2,910​ million.  Full Article

Federated Wireless announces availability of its spectrum controller
Thursday, 14 Sep 2017 

Sept 14 (Reuters) - Federated Wireless :Announces availability of its spectrum controller and closing of $42 million series B round of funding‍​.  Full Article

US corporates tap term loans as they look to avert downgrades

NEW YORK, Feb 21 (LPC) - US high-grade companies including Fiserv and Keurig Dr Pepper have increasingly turned to term loans, which are cheaper to issue and easier to prepay than longer-term bonds, as they prioritize debt reduction to avert credit rating downgrades.