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American Tower's Q4'18 consolidated AFFO per share jumps 46% YOY

Feb 28, 2019 - SNL Real Estate Daily

American Tower Corp. reported fourth-quarter 2018 consolidated adjusted funds from operations of $1.07 billion, or $2.40 per share, a 46.3% rise on a per-share basis from $707.4 million, or $1.64 per share, in the comparable 2017 period.

The S&P Global Market Intelligence consensus AFFO estimate for the fourth quarter of 2018 was $2.21 per share.

Nareit FFO attributable to common stockholders for the quarter increased 40.1% in the aggregate year over year to $1.00 billion from $715.4...