<div data-server-rendered="true" id="__nuxt"><div id="__layout"><div class="outer-container"><div class="content-container"> <div class="answer_container" style="min-height:calc(100vh - 54px);" data-v-0eba195e=""><div class="content_outer_container" data-v-0eba195e=""><div class="share_preview_container" data-v-0eba195e=""><div class="dialog_list" data-v-0eba195e=""><div class="dialog_item" data-v-0eba195e=""><div class="dialog_question fir_dialog_question" data-v-0eba195e=""><div class="question_con" data-v-0eba195e=""><h1 class="fir_question_content" data-v-0eba195e="">
                                    What caused AMT's operating expenses to drop in Q3 2024?
                                </h1> <div class="user_slot" data-v-0eba195e=""><img src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/img/default_aime_user.ec532c9.png" alt="user" class="avatar" data-v-0eba195e=""> <span class="user_desction" data-v-0eba195e="">
                                        
                                        4/1/2025 11:34am
                                    </span></div></div></div> <div class="seo-text-answer" data-v-0eba195e="">American Tower's operating expenses did not drop in Q3 2024. In fact, the company's operating expenses were higher in Q3 2024 compared to the previous quarter and the same period the previous year. According to the available data, the company's total operating expenses were $1.62 billion in Q3 2024, which was an increase from the $1.60 billion in Q2 2024. Additionally, the operating expenses in Q3 2023 were $1.90 billion, which means that the expenses in Q3 2024 were lower than the expenses in the same period the previous year. 

Therefore, the claim that the operating expenses dropped in Q3 2024 is not supported by the available data.</div> <div class="dialog_answer" data-v-0eba195e=""><div class="dialog_content" data-v-0eba195e=""><div class="answer_content" data-v-0eba195e=""></div></div></div></div></div> </div></div></div> </div> <div class="extra-module" data-v-261d488f=""><img src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/img/recommend-logo.4f9ccc8.png" alt="right-logo" fetchpriority="high" class="recommend-logo-img" data-v-261d488f=""> <div class="recommend-part" data-v-7790c618="" data-v-261d488f=""><div class="recommend-query-card" data-v-8359219a="" data-v-7790c618=""><div class="title" data-v-8359219a=""><img src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/img/screener-recommend-icon.b007ca8.svg" alt="icon" data-v-8359219a=""> <span data-v-8359219a="">Aime finds your next big stock</span></div> </div> <div class="recommend-query-card" data-v-8359219a="" data-v-7790c618=""><div class="title" data-v-8359219a=""><img src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/img/stock-recommend-icon.77f1c78.svg" alt="icon" data-v-8359219a=""> <span data-v-8359219a="">Aime powers your decisions</span></div> </div></div> </div> <div class="container-mask" style="display:none;"></div></div></div></div><script>window.__NUXT__=(function(a,b,c,d,e,f,g,h,i,j,k,l,m,n,o,p,q,r,s,t,u,v,w,x,y,z,A,B,C,D,E,F,G,H,I,J,K,L,M,N,O,P,Q,R,S,T,U,V,W,X,Y,Z,_,$,aa,ab,ac,ad,ae,af,ag,ah,ai,aj,ak,al){return {layout:"default",data:[{noData:c,currentQuestion:d,textDescription:C,comeFrom:"AInvestShareLink",events:[],answerSource:i}],fetch:{},error:j,state:{sharePreviewModule:{loadJgySuccess:g,dialogRenderList:[{originAnswer:{input_media_info:[],session_round:1,agent_id:a,output_media_info:[],task_id:a,language:a,source:i,cache_builder:a,reply_action:"Answer",execute_mode:w,event_refresh_answer:a,param:"{\"entity_info\":{},\"add_info\":{\"ori_question\":\"What caused AMT's operating expenses to drop in Q3 2024?\"},\"event_list\":[],\"client_ip\":\"\",\"question\":\"What caused AMT's operating expenses to drop in Q3 2024?\",\"user_id\":\"dp76485690\",\"user_name\":\"\",\"trace_id\":\"60b2f437-fc2b-4f07-ba69-01a3f760aa29\",\"session_id\":\"60b2f437-fc2b-4f07-ba69-01a3f760aa29\",\"source\":\"ths_ainvest_lite_web\",\"input_type\":\"typewrite\"}",agent_info:[{info_type:"search",raw_data:{number:r,title:D,summary:E,full_summary:"Bill Oxford\u002FiStock via Getty Images American Tower (NYSE:AMT) stock gained 2.9% in Tuesday morning trading after again lifting its full-year 2024 outlook for adjusted funds from operations and adjusted EBITDA and turning in better-than-expected Q2 2024 results. The owner of telecom towers now expects 2024 adjusted FFO per share of $10.48-$10.72, compared with the $10.56 consensus and the prior guidance of $10.30-$10.53. Fully-year adjusted EBITDA is expected to be $7.25B-$7.36B, surpassing the $7.16B Visible Alpha consensus and rising from $7.12B-$7.23B in the previous view. Total property revenue for the year is targeted at $11.1B-$11.3B, vs. $11.1B Visible Alpha estimate and roughly unchanged from the prior outlook. Q2 AFFO per share of $2.79, exceeding the $2.58 average analyst estimate, held steady from Q1 and climbed from $2.46 a year before. Total operating revenue of $2.90B, vs. $2.82B expected, rose from $2.83B in Q1 and $2.77B in the year-ago quarter. “The momentum from the start of the year extended into Q2, with core results highlighting the strong underlying demand for our portfolio of communications assets,\" said CEO Steven Vondran. Total operating expenses advanced to $1.62B from $1.60B in the prior quarter and fell from $1.90B in Q2 2023. Adjusted EBITDA came in at $1.89B, compared with $1.85B in Q1 and $1.75B in Q2 of last year.",url:F,image_url:a,video_url:a,publish_time:G,search_extra_info:{search_burial_info:{id:H,uid:x,ab:{scene_id:I,layer_exp:[{layer_id:J,exp_id:K}]}}},simhash:"95c92c6d9fe80bbb",msg_id:x}}],answer_chain_name:L,native_answer:a,come_from:a,text_answer:C,trace_id:e,cost:10391,event_names:a,question:d,fallback_type:M,input_type:N,fall_back_reason:{fall_back_type:M,risk_detail:{matched_words:[]}},session_id:e,first_return_cost:3295,cache_type:a,question_id:e,transfer_question:d,signal_type:"ON_COMPLETE",start_time:O,remote_svc:i,slots:[],answer_type:w,user_id:s,skill_name:y},renderList:[{type:"base_info",answer_path:"logs\u002FbaseInfo",logs:[],base_info:{trace_id:e,session_id:e,user_id:s,question:d,source:i,raw_question:d,version:"3.4.1",action_name:y,nlu:{entity:[{type:P,value:"AMT.N",market:Q}]},deep_research:c,deep_thinking:c,agent_mode:"normal_agent"},extra:{}},{answer_path:k,section:{id:l,info_texts:["Thinking"],show_type:m,choice:[],result_page:{},tag_info_list:[],is_last:b,status:"begin"},logs:[],extra:{is_deep_research:c,deep_thinking:c}},{answer_path:k,section:{id:l,info_texts:["Querying Stock: AMT Operating Expenses in Q3 2024"],show_type:m,choice:[],result_page:{},tag_info_list:[],is_last:b,status:R},logs:[],extra:{action:"Querying Stock",action_input:"AMT Operating Expenses in Q3 2024",thought:S}},{answer_path:k,section:{id:l,info_texts:["Searching Web: Why was AMT Operating Expenses Decreased in Q3 2024"],show_type:m,choice:[],result_page:{},tag_info_list:[],is_last:b,status:R},logs:[],extra:{action:"Searching Web",action_input:"Why was AMT Operating Expenses Decreased in Q3 2024",thought:S}},{answer_path:f,section:{id:T,info_texts:[],show_type:z,choice:[],result_page:{},tag_info_list:[],is_last:b},logs:[],extra:{}},{answer_path:f,section:{id:T,info_texts:[],show_type:z,choice:[],result_page:{},tag_info_list:[],is_last:b},logs:[],extra:{}},{answer_path:k,section:{id:l,info_texts:["Generating Answer"],show_type:m,choice:[],result_page:{},tag_info_list:[],is_last:b,status:"ongoing"},logs:[],extra:{}},{answer_path:f,section:{id:t,info_texts:[],show_type:u,voice_txt:"American",text_answer:U,rich_text:U,choice:[],result_page:{},tag_info_list:[],is_last:b},logs:[],extra:{}},{answer_path:f,section:{id:2000,info_texts:[],show_type:u,voice_txt:a,text_answer:a,rich_text:a,choice:[],result_page:{},tag_info_list:[{url:F,image_url:a,video_url:a,title:D,summary:E,index:r,publish_time:G,search_id:H,search_uid:x,search_ab:{scene_id:I,layer_exp:[{layer_id:J,exp_id:K}]},jump_type:"normal"}],is_last:b},logs:[],extra:{}},{answer_path:f,section:{id:t,info_texts:[],show_type:u,voice_txt:". Additionally",text_answer:V,rich_text:V,choice:[],result_page:{},tag_info_list:[],is_last:b},logs:[],extra:{}},{answer_path:f,section:{id:1001,info_texts:[],show_type:"fenshi",choice:[],result_page:{},tag_info_list:[{stock_info:{code:"AMT",market_id:Q,name:W,domain:P},pos:g,section_id:t,txt:W,jump_type:"pos_fenshi"}],is_last:b},logs:[],extra:{}},{answer_path:f,section:{id:t,info_texts:[],show_type:u,voice_txt:",",text_answer:X,rich_text:X,choice:[],result_page:{},tag_info_list:[],is_last:b},logs:[],extra:{}},{answer_path:"extraInfo\u002FsourceLink",logs:[],extra:{span_id:a,link_id:a,source:a,link_text:a,link_param:a,link_ids:[]}},{answer_path:k,section:{id:l,info_texts:["Completed"],show_type:m,choice:[],result_page:{},tag_info_list:[],is_last:b,status:"end"},logs:[],extra:{}},{answer_path:"suggest\u002Fquestions",section:{id:10002,info_texts:[],show_type:"result_page",choice:[{display_text:n,query_text:n,trace_info:{item_id:"d3f32504ecbfcb21e9e9a3b5ead08793",item_type:h,item_name:n,rec_info:Y}},{display_text:o,query_text:o,trace_info:{item_id:"c43fc366285d558acb31a24a4f86e982",item_type:h,item_name:o,rec_info:Z}},{display_text:p,query_text:p,trace_info:{item_id:"3c69877eb74d288809366431ee87b383",item_type:h,item_name:p,rec_info:_}}],result_page:{components:[{show_type:"lowcode",title_config:{show_type:"title1",data:{h1:a,h2:a},config:{display:c,txt_style:g,type:"1",display2:c,url:a}},request_config:[{source_type:r,related_name:$}],puuid:A,tag:a,category:"custom",uuid:aa}],global:{urp_static_data:[{name:$,value:{status_code:g,columns:[{type:q,index_name:ab,key:ab},{type:q,index_name:ac,key:ac},{type:q,index_name:ad,key:ad},{type:q,index_name:ae,key:ae},{type:q,index_name:af,key:af}],datas:[{send_text:n,item_type:h,rec_info:Y,display_text:n,rec_reason:a},{send_text:o,item_type:h,rec_info:Z,display_text:o,rec_reason:a},{send_text:p,item_type:h,rec_info:_,display_text:p,rec_reason:a}],dataSize:r,status_msg:a}}],lowcode_type:"shunda",interface_request_list:[],lowcode_json:{stack:c,visible:b,childLimit:9999,label:ag,type:"thslc\u002Fthslc-common-container",leaf:c,animate:[],version:"1.0.1",script:[],props:[],path:"\u002F\u002Fcdn.ainvest.com\u002FfrontResources\u002Fs\u002Fkernel-thslc-resource\u002Fresource\u002Fainvest\u002F0Ae514cfA4\u002Fjs\u002F_thslc-common-container_1.0.1_index.js",isTransparent:b,style:{"background-color":a,"box-shadow":"0px 0px 0px",color:a,width:v,"min-height":"100%",position:ah,height:v},isMaterial:c,id:ag,needTheme:c,hasEditor:c,packed:c,events:[],child:[{readmeUrl:"https:",stack:c,visible:b,customStyle:a,childLimit:g,label:"路径推荐",type:"iwencai\u002FrecommendList",leaf:b,version:"1.12.0",animate:[],url:B,componentUuid:aa,script:[{name:ai,id:20240320,content:"return {\r\n  created: function created() {\r\n    this.isActive = !Boolean(this.$parent.$parent.$parent.$parent.$parent.$parent.question);\r\n    var showId ='tkPanel_bottomTag';\r\n  this.buryPointId = showId;\r\n  }\r\n};"}],props:{recommendList:[],isTransparent:b,renderType:"blue"},path:B,meta:{custom_editor_url:"\u002F\u002Fcdn.ainvest.com\u002FfrontResources\u002Fs\u002Ffoiegras\u002FrecommendList\u002F1.12.0\u002FrecommendList@1.12.0editor.js",js_url:B},style:{"background-color":a,margin:"-12px 0px -12px 0px",color:a,display:"block",width:v,position:ah,height:v},isMaterial:b,_id:19,id:ai,hasEditor:b,packed:c,events:[],isSetDefaultValue:b}]}},page:{layout:{layout_data:"[{\"uuid\":\"ztxxx06c0a024223920bbbeb1e0926\",\"showType\":\"lowcode\",\"children\":[]}]"},render_for:aj,voice_txt:a,tracking_info:{},uuid:A},order:{is_auto:c,render_for:aj,chart_type:"command",puuid:A}},tag_info_list:[],is_last:b},logs:[],extra:{}},{answer_path:"suggest\u002Finputs",section:{id:10000,info_texts:[],show_type:"choice",choice:[],result_page:{},tag_info_list:[],is_last:b},logs:[],extra:{}},{answer_path:"logs\u002Ftrace_debug",section:{id:1005,info_texts:[],show_type:z,choice:[],result_page:{},tag_info_list:[],is_last:b},logs:[],extra:{action_name:y,with_paid_index:c,no_refresh_answer:c,answer_source:{agent_id:a,agent_name:a,execute_mode:w,answer_chain_name:L},is_deep_research:c,deep_thinking:c,create_time:1743478504907},is_last:b}],questionItem:{data:{qStr:d,encodeFlag:c,imageData:j,docsData:[],quoteData:j},tplType:"question"},events:ak,agentId:a,param:{entity_info:{},add_info:{ori_question:d},event_list:ak,client_ip:a,question:d,user_id:s,user_name:a,trace_id:e,session_id:e,source:i,input_type:N}}],userId:s,userName:a,startTime:O,mobileType:a,comeFrom:a,textConstants:{},dialogContainer:j,endSignal:c,theme:"white",showTracePopup:c,traceListData:[],chatTraceTargetIndex:g,traceTableData:j,showMask:c}},serverRendered:b,routePath:"\u002Faime\u002Fshare\u002Fcaused-amts-operating-expenses-drop-q3-2024-570c56\u002F",config:{_app:{basePath:al,assetsPath:al,cdnURL:"\u002F\u002Fcdn.ainvest.com\u002FfrontResources\u002Fs\u002Fiwc-aime-seo\u002F"}}}}("",true,false,"What caused AMT's operating expenses to drop in Q3 2024?","60b2f437-fc2b-4f07-ba69-01a3f760aa29","other\u002FopenAnswer",0,"llm_generated","ths_ainvest_lite_web",null,"progress\u002Fsearching_for",1000,"searching_for","What were AMT's main cost-saving initiatives in Q3 2024?","What is the impact of AMT's cost reduction on its profit margins?","Are there any industry trends that could have influenced AMT's operating expenses?","STR",3,"dp76485690",2001,"rich_text","auto","agent","8ad17b0b63f04771","explain news events","signal","39196","\u002F\u002Fcdn.ainvest.com\u002FfrontResources\u002Fs\u002Ffoiegras\u002FrecommendList\u002F1.12.0\u002FrecommendList@1.12.0index.js","American Tower's operating expenses did not drop in Q3 2024. In fact, the company's operating expenses were higher in Q3 2024 compared to the previous quarter and the same period the previous year. According to the available data, the company's total operating expenses were $1.62 billion in Q3 2024, which was an increase from the $1.60 billion in Q2 2024. Additionally, the operating expenses in Q3 2023 were $1.90 billion, which means that the expenses in Q3 2024 were lower than the expenses in the same period the previous year. \n\nTherefore, the claim that the operating expenses dropped in Q3 2024 is not supported by the available data.","American Tower raises year guidance again after Q2 results top consensus","Bill Oxford\u002FiStock via Getty Images American Tower (NYSE:AMT) stock gained 2.9% in Tuesday morning trading after again lifting its full-year 2024 outlook for adjusted funds from operations and adjusted EBITDA and turning in better-than-expected Q2 2024 results. The owner of telecom towers now expect...","https:\u002F\u002Fseekingalpha.com\u002Fnews\u002F4130141-american-tower-raises-year-guidance-again-after-q2-results-top-consensus","2024-07-30","8ad17b0b63f04771_0","oeqxkhszf","oeqxkhszf_layer","base","agent_common_v2\nagent-summary","NONE","typewrite",1743478494516,"stock","169","thinking","The user wants to analyze why AMT's operating expenses decreased in Q3 2024. I should focus on the changes in operating expenses and their possible causes in that quarter. I will use FinQuery for the data mentioned above; use Search for the possible causes of the changes in operating expenses.",999,"American Tower's operating expenses did not drop in Q3 2024. In fact, the company's operating expenses were higher in Q3 2024 compared to the previous quarter and the same period the previous year. According to the available data, the company's total operating expenses were $1.62 billion in Q3 2024, which was an increase from the $1.60 billion in Q2 2024[^3]",". Additionally, the operating expenses in Q3 2023 were $1.90 billion, which means that the expenses in Q3 2024 were lower than the expenses in the same period the previous year[^3]. \n\nTherefore","American Tower",", the claim that the operating expenses dropped in Q3 2024 is not supported by the available data.","2+698_496_21_554+0+0+60b2f437-fc2b-4f07-ba69-01a3f760aa29+d3f32504ecbfcb21e9e9a3b5ead08793+llm_generated+aimeTagAnalysis+0+0.08289773762226105+1","2+698_496_21_554+0+0+60b2f437-fc2b-4f07-ba69-01a3f760aa29+c43fc366285d558acb31a24a4f86e982+llm_generated+aimeTagAnalysis+0+0.048432718962430954+2","2+698_496_21_554+0+0+60b2f437-fc2b-4f07-ba69-01a3f760aa29+3c69877eb74d288809366431ee87b383+llm_generated+aimeTagAnalysis+0+0.035863883793354034+3","recommend_query_list","ztxxx06c0a024223920bbbeb1e0926","send_text","item_type","rec_info","display_text","rec_reason","root","relative","iwencai\u002FrecommendList0326","aigc",Array(0),"\u002F"));</script><script src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/b929a16.js" defer=""></script><script src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/28ccbec.js" defer=""></script><script src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/d9802b5.js" defer=""></script><script src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/2077034.js" defer=""></script><script src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/1e0f8d6.js" defer=""></script><script src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/7a5f495.js" defer=""></script><script src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/921844b.js" defer=""></script>