---
title: "American Tower Q2 revenue beats estimates on strong leasing demand"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294055163.md"
datetime: "2026-07-28T11:09:39.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294055163.md)
  - [en](https://longbridge.com/en/news/294055163.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294055163.md)
---

# American Tower Q2 revenue beats estimates on strong leasing demand

) Overview

-   U.S. communications tower REIT’s Q2 revenue rose 4.7%, beating analyst expectations
-   Adjusted EBITDA for Q2 beat consensus, rising 3.2% yr/yr
-   Company completed divestitures in the Philippines and Bangladesh during Q2 Outlook
-   American Tower raises full-year 2026 outlook for property revenue to $10.695-$10.845 bln
-   Company expects full-year 2026 AFFO attributable to AMT common stockholders per Share of $11.00-$11.17
-   Company sees strong demand for digital infrastructure driven by mobile, cloud, and AI growth Result Drivers
-   LEASING DEMAND - Co said strong global leasing demand and record leasing at CoreSite data centers drove Q2 results
-   FOREIGN CURRENCY GAINS - Net income growth was significantly impacted by foreign currency gains versus prior-year losses
-   STRAIGHT-LINE REVENUE IMPACT - Property revenue growth rate included a negative impact from lower straight-line revenue recognition Company press release: Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $2.75 $2.70

Revenue bln bln (16

Analysts

)

Q2 Net $888 mln

Income

Q2 Beat $1.81 $1.79

Adjusted bln bln (15

EBITDA Analysts

)

### Q2 $2.71

Adjusted

FFO Per

Share

Analyst Coverage

-   The current average analyst rating on the shares is “buy” and the breakdown of recommendations is 21 “strong buy” or “buy”, 4 “hold” and no “sell” or “strong sell”
-   The average consensus recommendation for the specialized reits peer group is “buy”
-   Wall Street’s median 12-month price target for American Tower Corp is $206.50, about 23.8% above its July 27 closing price of $166.74
-   The stock recently traded at 25 times the next 12-month earnings vs. a P/E of 26 three months ago Reuters Recommended Reads
-   July 27 - Canada’s Celestica Q2 results beat estimates on strong data center, cloud demand
-   July 27 - Applied Digital beats quarterly revenue estimates on surging AI infrastructure demand
-   July 28 - Meta, BlackRock partner on $14 billion El Paso data center For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact . (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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