American Tower — Oct 29, 2024 release
Fiscal 2024 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001053507-24-000128
Showing in the filing
AFFO attributable to AMT common stockholders per Share
“$10.45 to $10.62”
Period
FY2024
Measure
GAAP-tied
Source
Guidance table
All guidance in this release · 33
Total property revenue for FY2024
“$9,890 to $9,980”
Net income for FY2024
“1,992 to 2,072”
Net income attributable to AMT common stockh… for FY2024
“1,952 to 2,032”
Adjusted EBITDA for FY2024
“6,770 to 6,850”
AFFO attributable to AMT common stockholders for FY2024
“4,890 to 4,970”
AFFO attributable to AMT common stockholders… for FY2024
“$10.45 to $10.62”
AFFO attributable to AMT common stockholders… for FY2024
“4,616 to 4,696”
AFFO attributable to AMT common stockholders… for FY2024
“$9.86 to $10.03”
U.S. & Canada segment property revenue (comp… for FY2024
“$5,245 million to $5,255 million”
International property revenue (component of… for FY2024
“$3,725 million to $3,795 million”
Data Centers segment property revenue (compo… for FY2024
“$920 million to $930 million”
International pass-through revenue - Interna… for FY2024
“$1,027”
Straight-line revenue - U.S. & Canada Property for FY2024
“232”
Straight-line revenue - International Property for FY2024
“33”
Total Tenant Billings Growth - U.S. & Canada… for FY2024
“~4.7%”
Organic Tenant Billings - International Prop… for FY2024
“~6%”
Total Tenant Billings Growth - Total Property for FY2024
“~6%”
Organic Tenant Billings - Total Property for FY2024
“~5%”
New Site Tenant Billings - U.S. & Canada Pro… for FY2024
“~0%”
New Site Tenant Billings - International Pro… for FY2024
“>2%”
New Site Tenant Billings - Total Property for FY2024
“~1%”
Total Tenant Billings Growth - International… for FY2024
“>8%”
Discretionary capital projects for FY2024
“$780 to $810”
Ground lease purchases for FY2024
“125 to 145”
Start-up capital projects for FY2024
“65 to 85”
Redevelopment for FY2024
“365 to 395”
Capital improvement for FY2024
“155 to 165”
Corporate for FY2024
“10”
Corporate (capital expenditures) for FY2024
“10 — 10”
Total (Capital Expenditures) for FY2024
“$1,500 to $1,610”
Discretionary capital projects - constructio… for FY2024
“construction of 1,800 to 2,600 communications sites globally”
Discretionary capital projects - Data Center… for FY2024
“$480 million of development spend in the Company’s Data Centers segment”
Straight-line revenue - Total Property for FY2024
“275”
Exhibit 99.1 · the passage around this item
… earlier in the release
Prior Year Total property revenue (2) $ 9,890 to $ 9,980 0.7% Net income 1,992 to 2,072 48.6% Net income attributable to AMT common stockholders 1,952 to 2,032 34.3% Adjusted EBITDA 6,770 to 6,850 1.8% AFFO attributable to AMT common stockholders 4,890 to 4,970 6.9% AFFO attributable to AMT common stockholders per Share $ 10.45 to $ 10.62 6.7% AFFO attributable to AMT common stockholders, as adjusted (3) 4,616 to 4,696 5.9% AFFO attributable to AMT common stockholders per Share, as adjusted (3) $ 9.86 to $ 10.03 5.7% _______________ (1) 2024 outlook and the prior year period results for total property revenue, Adjusted EBITDA, AFFO attributable to AMT common stockholders, as adjusted, and AFFO attributable to AMT common stockholders per Share, as adjusted, exclude the impacts associated with discontinued operations related to the ATC TIPL Transaction. Net Income, Net income attributable to AMT common stockholders, AFFO attributable to AMT common stockholders and AFFO attributable to AMT common stockholders per Share include the impacts associated with discontinued operations related to the ATC TIPL Transaction. (2) Includes U.S. & Canada segment property revenue of $5,245 million to $5,255 million, international property revenue of $3,725 million to $3,795 million and Data Centers segment property revenue of $920 million to $930 million, reflecting midpoint growth rates of 0.6%, (1.5)% and 10.8%, respectively. The U.S. & Canada growth rate includes an estimated negative impact of approximately 3% associated
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.