Filing Flows › American Tower (AMT) › Guidance history
American Tower (AMT) guidance history: what it guided and what it reported
American Tower gave guidance in 12 earnings releases on file since Feb 27, 2024. Its releases raised guidance 9 times and lowered it twice.
Net income
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $2.9B–$3.0B (Feb 24, 2026) → raised $3.0B–$3.1B (Apr 28, 2026) → raised $3.3B–$3.4B (Jul 28, 2026) → lowered $3.3B–$3.3B (Oct 27, 2026) | — | to be reported | — |
| FY2025 | $2.9B–$3.0B (Feb 25, 2025) → lowered $2.7B–$2.8B (Apr 29, 2025) → lowered $2.3B–$2.4B (Jul 29, 2025) → raised $2.5B–$2.5B (Oct 28, 2025) | — | — | — |
| FY2024 | $3.3B–$3.4B (Feb 27, 2024) → lowered $3.1B–$3.2B (Apr 30, 2024) → lowered $1.2B (Oct 29, 2024) | — | — | — |
EPS
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2024 | $0.14 (Feb 27, 2024) → lowered $0.04 (Apr 30, 2024) | — | — | — |
Depreciation & amortization
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2024 | $75.0M (Feb 27, 2024) | — | — | — |
FFO per share
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $10.78–$10.95 (Feb 24, 2026) → raised $10.90–$11.07 (Apr 28, 2026) → raised $11.04–$11.16 (Oct 27, 2026) | — | to be reported | — |
| FY2025 | $10.31–$10.50 (Feb 25, 2025) → raised $10.35–$10.54 (Apr 29, 2025) → raised $10.46–$10.65 (Jul 29, 2025) → raised $10.60–$10.72 (Oct 28, 2025) | — | — | — |
| FY2024 | $10.21–$10.45 (Feb 27, 2024) → raised $10.30–$10.53 (Apr 30, 2024) → raised $10.48–$10.72 (Jul 30, 2024) → lowered $10.45–$10.62 (Oct 29, 2024) | — | — | — |
Capital expenditures
The GAAP figure from the filings is shown for each period reported; it is not judged against the guide, which may leave items out (one-off payments, acquisitions).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $1.1B–$1.1B (Feb 24, 2026) → reaffirmed $1.1B–$1.1B (Apr 28, 2026) → reaffirmed $1.1B–$1.1B (Jul 28, 2026) → lowered $1.0B–$1.1B (Oct 27, 2026) | — | to be reported | — |
| FY2025 | $880M–$910M (Feb 25, 2025) → reaffirmed $880M–$910M (Apr 29, 2025) → lowered $865M–$895M (Jul 29, 2025) → reaffirmed $865M–$895M (Oct 28, 2025) | $1.7B (GAAP) | not judged | — |
| FY2024 | $20.0M (Feb 27, 2024) → reaffirmed $20.0M (Apr 30, 2024) → reaffirmed $20.0M (Jul 30, 2024) | $1.6B (GAAP) | not judged | — |
Interest expense
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $1.4B–$1.4B (Feb 24, 2026) → raised $1.4B–$1.4B (Apr 28, 2026) → raised $1.4B–$1.4B (Jul 28, 2026) → reaffirmed $1.4B–$1.4B (Oct 27, 2026) | — | to be reported | — |
| FY2025 | $1.4B–$1.4B (Feb 25, 2025) → lowered $1.4B–$1.4B (Apr 29, 2025) → raised $1.4B–$1.4B (Jul 29, 2025) → lowered $1.4B–$1.4B (Oct 28, 2025) | — | — | — |
| FY2024 | $1.4B–$1.5B (Feb 27, 2024) → raised $1.4B–$1.5B (Apr 30, 2024) → raised $1.5B–$1.5B (Jul 30, 2024) → lowered $1.4B–$1.4B (Oct 29, 2024) | — | — | — |
The latest quarter
American Tower, Q3 2026: revenue $2.8B (+2% year over year), operating margin 45.6%, net earnings $766M, operating cash flow $1.4B. The chart follows the revenue to costs, profit and cash.
Questions
Does American Tower beat its guidance?
American Tower gave guidance in 12 earnings releases on file since Feb 27, 2024. Its releases raised guidance 9 times and lowered it twice.
How often does American Tower raise guidance?
Its earnings releases raised guidance 9 times and lowered it twice since Feb 27, 2024.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.