American Tower (AMT) Tops Q4 EPS by 24c

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Go back to American Tower (AMT) Tops Q4 EPS by 24c

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

February 25, 2020 7:00 AM EST

CONSOLIDATED HIGHLIGHTS

Fourth Quarter 2019

Total revenue decreased 9.8% to $1,924 million Property revenue decreased 9.3% to $1,908 million Net income increased 94.5% to $569 million Adjusted EBITDA decreased 14.6% to $1,217 million Consolidated AFFO decreased 19.5% to $859 million

Full Year 2019

Total revenue increased 1.9% to $7,580 million Property revenue increased 2.1% to $7,465 million Net income increased 51.5% to $1,917 million Adjusted EBITDA increased 1.7% to $4,745 million Consolidated AFFO decreased 0.5% to $3,521 million

Q4 2019 and full year 2019 growth rates were impacted by the nonrecurrence of the Company's settlement with... More