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Benzinga

Business

Triveni Kothapalli

American Tower Raises Outlook On Strong Data Center And AI-Driven Demand

American Tower AMT United States

Stuttgart,,Germany,-,06-19-2021:,Smartphone,With,Logo,Of,Us,Infrastructure

American Tower Corp. (NYSE:AMT) reported its third-quarter results on Tuesday, before the market opened, surpassing Wall Street estimates.

American Tower reported quarterly earnings of $2.78 per share, topping analysts’ consensus estimate of $2.58 and marking a 5.3% year-over-year increase from $2.64 a year ago.

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