Financial PerformanceThe stock is expected to trade down modestly following results, given lack of upside to core metrics and likely confusion due to the pro forma guidance following the company’s India asset sale.
Growth OutlookAnnual organic revenue growth is likely to stay lower for longer in the low-single digit range through 2027.
Revenue And Earnings ImpactAmerican Tower updated its guidance for 2024, but it is largely not comparable to the Street, with a significant negative impact from the India divestiture.