From Financial Modeling Prep: 2025-04-29 11:58:00

American Tower (NYSE:AMT) shares surged over 4% as first-quarter revenue surpassed analyst expectations, hitting $2.56 billion, exceeding the $2.54 billion forecast. Despite a 45.9% net income drop to $499 million due to foreign currency losses, adjusted EBITDA climbed 1.9% to $1.74 billion, reflecting steady core profitability growth.

Total property revenue inched up 0.2% to $2.49 billion, supported by strong global leasing activity. For 2025, American Tower projects property revenue between $9.97 billion and $10.12 billion, with adjusted EBITDA ranging from $6.89 billion to $6.96 billion, targeting around 1.1% and 1.6% growth, respectively.



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