American Tower raises FY25 AFFO view $10.35-$10.54 from $10.31-$10.50

Consensus $10.41. Raises FY25 revenue view to $9.97B-$10.12B from $9.92B-$10.07B, consensus $10.26B. The company’s outlook reflects estimated positive impacts of foreign currency exchange rate fluctuations. The company said, “Together with the resilient demand we’re seeing for our portfolio of assets, we remain focused on enhancing the quality of our earnings through active portfolio management, organizational and operational efficiency, disciplined capital allocation and a strong balance sheet, positioning us to better navigate ongoing macroeconomic uncertainty while continuing to meet our customers’ critical connectivity needs. Taken altogether, our business is well positioned to drive profitability and sustained value creation for our shareholders for years to come.”