American Tower (AMT) Reports Q4 FFO of $1.97, Offers Guidance

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American Tower Corporation Reports Fourth Quarter and Full Year 2018 Financial Results

February 27, 2019 7:00 AM EST

CONSOLIDATED HIGHLIGHTS

Fourth Quarter 2018           

Total revenue increased 25.1% to $2,132 million              Property revenue increased 25.3% to $2,103 million                   Net income increased 50.3% to $293 million                   Adjusted EBITDA increased 38.2% to $1,425 million           Consolidated AFFO increased 50.8% to $1,067 million                   

Full Year 2018

Total revenue increased 11.6% to $7,440 million  Property revenue increased 11.4% to $7,315 million  Net income increased 3.2% to $1,265 million  Adjusted EBITDA increased 14.1% to $4,667 million  Consolidated AFFO increased 22.0% to $3,539 million

BOSTON--(BUSINESS... More