| AMT |
Report |
AFFO per share (Q2 2026) |
BEAT |
pred ~$2.74 vs. cons $2.71 |
MEDIUM |
| AMT |
Report |
Total revenue (Q2 2026) |
IN-LINE |
pred ~$2.72B vs. cons $2.705B |
MEDIUM |
| AMT |
Report |
CoreSite data center revenue growth (cash basis, Q2 2026) |
BEAT |
pred ~14% vs. cons/guide ~13% |
LOW |
| AMT |
Guide |
FY2026 AFFO/share guidance |
UNCHANGED |
guide ~$10.90-$11.07 (midpoint ~$10.99) vs. cons ~$10.98 (FY2026) |
MEDIUM |
| AMT |
Guide |
FY2026 consolidated organic tenant billings growth guidance |
UNCHANGED |
guide ~2% vs. cons ~2% (FY2026) |
MEDIUM |
| AMT |
Guide |
DISH bankruptcy recovery embedded in guidance |
UNKNOWN |
guide ~$0 recovery embedded vs. ~$2B AMT claim value under litigation (FY2026-2027) |
LOW |
| AMT |
Return |
Day-1 residual (stock − beta × S&P 500) |
+1.2% |
— |
MEDIUM |
| AMT |
Return |
5-day cumulative residual |
+0.4% (FADE) |
An in-line-to-modest-beat quarter with no incremental DISH churn and continued buybacks should spark a relief bounce off depressed valuation (stock -25% YTD), but with guidance merely reaffirmed rather than raised again (the FX/Brazil straight-line tailwinds that drove the Q1 raise are largely one-time), out-period AFFO/EBITDA estimates are unlikely to move up meaningfully, capping follow-through. The unresolved DISH bankruptcy auction timeline (Aug 10-17) and a hawkish Fed keeping long rates elevated remain overhangs that historically have caused AMT rallies to fade within days as multiple-sensitive REIT investors stay cautious until there is cash resolution/settlement clarity. |
LOW |