Core Insights - American Tower Corporation (AMT) is expected to report fourth-quarter 2025 results on February 24, with anticipated year-over-year growth in revenues and adjusted funds from operations (AFFO) per share [1][10] Financial Performance - In the last reported quarter, AMT achieved an AFFO per share of $2.78, surpassing consensus estimates, with revenue growth driven by its property and service operations segment [2] - The Zacks Consensus Estimate for quarterly revenues is projected at $2.68 billion, reflecting a 5.1% increase from the previous year [6][10] - The Total Property segment's operating revenues are estimated at $2.61 billion, indicating a 5.1% rise year-over-year, while the Data Centers segment is expected to generate $271.6 million, up from $236 million a year ago [5][10] Market Trends and Drivers - The growth in mobile technology, particularly 4G and 5G, along with the rise of bandwidth-intensive applications, is driving an increase in mobile data usage globally [3] - Wireless service providers are enhancing network coverage and capacity, positively impacting AMT's quarterly performance and contributing to top-line growth [4] - AMT is likely to continue its macro-tower investments to expand its global footprint, supported by a strong balance sheet [4] Analyst Sentiment - Despite the positive revenue projections, analysts have shown caution, with the consensus estimate for quarterly AFFO per share remaining unchanged at $2.54, which represents a 9.5% increase from the previous year [6] - AMT currently holds an Earnings ESP of 0.00% and a Zacks Rank of 4 (Sell), indicating a lack of confidence in a potential AFFO surprise this quarter [7][8]