American Tower Corporation Reports Fourth Quarter and Full Year 2019 Financial Results

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American Tower (AMT) Tops Q4 EPS by 24c

February 25, 2020 7:02 AM EST

American Tower (NYSE: AMT) reported Q4 EPS of $1.26, $0.24 better than the analyst estimate of $1.02. Revenue for the quarter came in at $1.92 billion versus the consensus estimate of $1.93 billion.

Fourth Quarter 2019

Total revenue decreased 9.8% to $1,924 millionProperty revenue decreased 9.3% to $1,908 millionNet income increased 94.5% to $569 millionAdjusted EBITDA decreased 14.6% to $1,217 millionConsolidated AFFO... More