American Tower (AMT) surges following Q3 results, new CEO announcement

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American Tower (AMT) Names Steven O. Vondran to Succeed Thomas A. Bartlett as President and CEO

October 26, 2023 7:15 AM EDT

American Tower Corporation (NYSE: AMT) announced today that Tom Bartlett will retire from his positions as President, Chief Executive Officer and director of the Board of Directors, effective February 1, 2024. The Companys Board of Directors, having undertaken a deliberate and thorough succession planning process over the last several years, has named Steve Vondran to succeed Mr. Bartlett as President and Chief Executive Officer, at which time Mr. Vondran will also be appointed as a director of the Board. To facilitate the transition, the Board also appointed Mr. Vondran to the role of Executive Vice... More

American Tower (AMT) Tops Q3 EPS by 13c; offers guidance

October 26, 2023 7:04 AM EDT

American Tower (NYSE: AMT) reported Q3 EPS of $1.26, $0.13 better than the analyst estimate of $1.13. Revenue for the quarter came in at $2.82 billion versus the consensus estimate of $2.76 billion.

GUIDANCE:

American Tower sees FY2023 revenue of $10.895-10.985 billion, versus the consensus of... More