American Tower Corporation (NYSE:AMT) is a global real estate investment trust focused on owning, operating, and developing multitenant communications real estate, with a portfolio of nearly 150,000 sites leased to wireless carriers, broadcasters, and government.
The company also maintains a smaller US Data Centers segment featuring edge and metro facilities
It is also one of the Best Data Center REITs to Buy According to Analysts.. American Tower Corporation (NYSE:AMT) recently posted fiscal Q1 2026 earnings on April 28. During the quarter, the revenue came in at $2.74 billion, up 6.82% year-over-year and ahead of Wall Street’s expectations by $86.78 million.
The GAAP EPS of $1.84 also topped the consensus by $0.25. Notably, during Q1, the data center revenue grew 17%, driven by high demand from hybrid and multicloud installations. Management also noted that increased use cases of AI are accelerating growth in this segment.