American Tower shares are trading higher after the company reported a year-over-year increase in Q3 AFFO per share and better-than-expected Q3 sales results.
Portfolio Pulse from Benzinga Newsdesk
American Tower Corporation reported a year-over-year increase in Q3 AFFO per share and better-than-expected Q3 sales results, leading to a rise in its share price.
October 26, 2023 | 2:13 pm
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American Tower Corporation's better-than-expected Q3 results and increased AFFO per share have led to a rise in its stock price.
American Tower Corporation reported better-than-expected Q3 sales results and a year-over-year increase in Q3 AFFO per share. This positive financial performance is likely to boost investor confidence and demand for the stock, leading to a short-term increase in its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100