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AMERICAN TOWER CORP /MA/ [AMT]  posts $1,696.70M profit as revenue rises 14.47% to $10,711.10M

AMERICAN TOWER CORP /MA/ [AMT] posts $1,696.70M profit as revenue rises 14.47% to $10,711.10M

By USInMinutes
Published - Feb 28, 2023, 01:38 AM ET
Last Updated - Mar 06, 2023, 02:46 PM EST
EPS:3.82 Net Sales: $10,711.10M  
AMERICAN TOWER CORP /MA/ Logo


AMERICAN TOWER CORP /MA/ [AMT] posted a profit of $1,696.70M, marking a fall of 33.92% for this year.

Revenue rose to $10,711.10M this year compared to $9,356.90M in the previous year.

The Massachusetts(MA)-based company’s earnings per share came in at 3.82, compared to 5.66 in the last report.

According to the latest annual report the company has filed with the SEC, current earnings were $1,696.70M, down 33.92% from $2,567.60M.

The company’s net sales for the period were $10,711.10M, up 14.47%. Net sales in the previous year were $9,356.90M.

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