American Tower Stock Gains on Q4 AFFO Beat, Revenues Rise Y/Y

American Tower Corporation’s (AMT) shares have gained nearly 7% in today’s trading session in response to stellar fourth-quarter results.Its fourth-quarter 2024 adjusted funds from operations (AFFO), attributable to AMT common stockholders per share, of $2.32 beat the Zacks Consensus Estimate of$2.31 and climbed 1.3% year over year.See the Zacks Earnings Calendar to stay ahead of market-making news.Results reflect a year-over-year rise in revenues, aided by revenue growth across its property and service op ...