American Tower Corp
AMT: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| >@c | LOCK|#%y$R | LOCK|!^j@<w |
American Tower Earnings: Healthy Organic Billing; Lowering Fair Value on Higher Cost of Capital
American Tower reported 4.7% organic tenant billing growth, or 5.5% excluding Sprint-related cancellations, in the second quarter. Management slightly raised its full-year outlook for revenue, adjusted EBITDA, and adjusted funds from operations due to favorable foreign-exchange effects.
