American Tower Guides FY24 Property Revenue In Line With Estimates - Update

RTTNews | 539天前
American Tower Guides FY24 Property Revenue In Line With Estimates - Update

(RTTNews) - While reporting its financial results for the fourth quarter on Tuesday, American Tower (AMT) initiated its property revenue for the full-year 2024.

For fiscal 2024, the company now projects total property revenue in a range of $11.05 billion to $11.23 billion, net income in a range of $3.305 billion to $3.415 billion, adjusted EBITDA in a range of $7.080 billion to $7.190 billion, and consolidated AFFO in a range of $10.21 to $10.45 per share.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $4.87 per share on revenues of $11.22 billion for the year. Analysts' estimates typically exclude special items.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

read more
American Tower Q2 Profit Nearly Doubles; Boosts FY24 Outlook

American Tower Q2 Profit Nearly Doubles; Boosts FY24 Outlook

American Tower (AMT) reported Tuesday that net income attributable to the company for the second quarter nearly doubled to $900.3 million or $1.92 per share from $475.7 million or $1.02 per share in the prior-year quarter.
RTTNews | 385天前
NZ Dollar Slides As RBNZ Cuts Rate By 25 Bps

NZ Dollar Slides As RBNZ Cuts Rate By 25 Bps

The New Zealand dollar weakened against other major currencies in the Asian session on Wednesday, after the Reserve Bank of New Zealand decided to cut its key interest rate by 25 basis points and signaled further easing.
RTTNews | 16分钟前
European Economic News Preview: UK Inflation Data Due

European Economic News Preview: UK Inflation Data Due

Consumer prices from the UK and the euro area due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics publishes UK consumer prices for July. Inflation is seen rising to 3.7 percent in July from 3.6 percent in the previous month.
RTTNews | 37分钟前
China Leaves Benchmark Interest Rate Unchanged

China Leaves Benchmark Interest Rate Unchanged

The People's Bank of China maintained its interest rates on Wednesday, as Beijing focus on fiscal policy easing and more targeted measures. The central bank left its one-year loan prime rate at 3.0 percent. Similarly, the five-year LPR, the benchmark for mortgage rates, was retained at 3.50 percent. The bank had reduced its both LPRs by quarter points in October 2024.
RTTNews | 47分钟前