American Tower Raises FY26 AFFO and Property Revenue Guidance
American Tower raised its 2026 AFFO and property revenue guidance in its third-quarter report. The information comes from TradingView, citing RTTNews and dpa-AFX.
- published on Newsmetry
- original source published
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner. connect the api →
what happened
American Tower (AMT) raised its full-year 2026 guidance for adjusted funds from operations (AFFO) and property revenue when it reported third-quarter results on Tuesday. The company now expects AFFO of $11.04 to $11.16 per share and property revenue of $10.785 billion to $10.865 billion. Its previous outlook was AFFO of $11.00 to $11.17 per share and revenue of $10.695 billion to $10.845 billion.
The company also spent $315 million on share repurchases during the quarter. After quarter end, its board authorized an additional $2.0 billion for future buybacks. In pre-market trading on the NYSE, AMT was at $187.00, down $1.45, or 0.77 percent.
why it matters
The higher AFFO outlook points to steady growth in the tower portfolio and a contribution from the data center business. For the market, it signals that operating results are running ahead of expectations, although the pre-market share reaction was negative. The size of the new buyback authorization matters to investors tracking how the company allocates capital.
market impact
AMT shares: raised AFFO guidance supports the stock, though the pre-market reaction was weak
- AMT shares pressure up — raised AFFO and revenue guidance supports earnings expectations
tags
instruments
sources
- ROUNDUP: American Tower Boosts FY26 Outlook — TradingView, 27 October 2026 at 11:54 UTC
- ROUNDUP: IQVIA Holdings Boosts FY26 Outlook — TradingView, 27 October 2026 at 12:07 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner.
get stories in real time ↗