American Tower's Q2 FFO of $2.71 per share meets expectations

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1. 1American Tower (AMT) reported second-quarter funds from operations (FFO) results that met Wall Street expectations.
2. 2FFO came in at $1.26 billion ($2.71 per share), and revenue of $2.75 billion exceeded the $2.71 billion estimate.
3. 3Full-year FFO is projected at $11.00–$11.17 per share, and the stock has fallen 5% since the start of the year.

Source Associated Press +1 · View original ↗

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