Examine the evolution of American Tower's (AMT) overseas revenue trends and their effects on Wall Street's forecasts and the stock's prospects.
We added to our senior housing investment theme by purchasing additional shares of Ventas, Inc. During the quarter, we reacquired shares in best-in-class self-storage REIT Extra Space Storage Inc., which owns or operates a portfolio of over 4,200 properties in the U.S., with 14% total market share by square footage. During the quarter, we exited the Fund's position in Vornado Realty Trust.
AMT tops Q4 with AFFO of $2.63 and 7.5% revenue growth, fueled by strong tenant billings, as it issues 2026 outlook.
American Tower Corporation (AMT) Q4 2025 Earnings Call Transcript
While the top- and bottom-line numbers for American Tower (AMT) give a sense of how the business performed in the quarter ended December 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
American Tower (AMT) came out with quarterly funds from operations (FFO) of $2.63 per share, beating the Zacks Consensus Estimate of $2.54 per share. This compares to FFO of $2.32 per share a year ago.
American Tower on Tuesday posted fourth-quarter revenue above Wall Street estimates, lifted by stronger leasing activity from telecom carriers and continued momentum in data-center demand.
AMT gears up for Q4 earnings with projected 5.1% revenue growth and a 9.5% rise in AFFO per share amid strong wireless demand.
Q3 2025 is positioned as a potential inflection point for a turnaround. Q3 was likely the last quarter in which investors were distracted from a clear view of the business. Assuming AFFO of $10.53, the price/AFFO ratio is below 18. For a REIT with structural tailwinds, global operations, and AFFO growth in the high single digits, this is too low. I therefore believe that Q3 may have marked the beginning of a turnaround that should significantly benefit the share price in the coming months and quarters.
Get a deeper insight into the potential performance of American Tower (AMT) for the quarter ended December 2025 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.
American Tower (AMT) reached $186.62 at the closing of the latest trading day, reflecting a -3.35% change compared to its last close.
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