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American Tower (AMT): Q3 FFO of $0.71 beats by $0.33. Revenue of $713.3M (+13.2% Y/Y) misses by...

American Tower (AMT): Q3 FFO of $0.71 beats by $0.33. Revenue of $713.3M (+13.2% Y/Y) misses by $3M. (PR)
Comments (3)
  • zorro2828
    , contributor
    Comments (594) | Send Message
     
    Yikes, I bought too little... the rev miss is whatever.. the profit blow away is outstanding! This is a FCF machine ... I am buying more !
    31 Oct 2012, 09:14 AM Reply Like
  • tomlos
    , contributor
    Comments (1124) | Send Message
     
    I've been looking at AMT for a while, never bought but heck this seems like a great long term holding... Assuming the divi gets increased year over year...
    1 Nov 2012, 11:08 AM Reply Like
  • zorro2828
    , contributor
    Comments (594) | Send Message
     
    towers are increasing in sheer numbers and the revenue from the leases is now exceeding the cap cost of the initial installations so the cash generated per tower should be increasing .. yes they are growing and need capital for new installations, but when the model is generating this type of profit, with the end game being towers which are paid for and leases that keep paying.. is this not an exceptional bond fund? FCF will continue to grow! Bought more
    2 Nov 2012, 08:58 AM Reply Like
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