American Tower raises FY25 AFFO view to $10.46-$10.65 from $10.35-$10.54

Consensus $10.58. Raises FY25 revenue view to $10.14B-$10.29B from $9.97B-$10.12B, consensus $10.38B. The company said, “As a result of the estimated positive foreign currency exchange rate fluctuations described above, and core outperformance as it relates to property revenue and Adjusted EBITDA, the Company is raising the midpoints of its full year 2025 outlook for property revenue, Adjusted EBITDA, AFFO attributable to AMT common stockholders and AFFO attributable to AMT common stockholders per Share by $165 million, $120 million, $55 million and $0.12, respectively. The Company is reducing the midpoint for net income and net income attributable to AMT common stockholders by $400 million and $475 million, respectively, primarily due to unrealized foreign currency losses.”