=American Tower (AMT) reported earnings on Fri 26 Feb 2016 (b/o)

American Tower beats by $0.09, beats on revs; guides FY16 :

• Reports Q4 (Dec) adj. funds from operations of $1.27 per share, $0.09 better thanthe Capital IQ Consensus of $1.18; total rev rose 22.3% year/year to $1.28 bln vs the $1.25 bln Capital IQ Consensus. Property revenue increased 21.5% to $1,251 million; Adjusted EBITDA increased 21.2% to $802 million
• Co issues guidance for FY16, sees FY16 total property revs of $5.54-5.68 bln, not comparable to $5.34 bln Capital IQ Consensus; EBITDA $3.43-3.53 bln, AFFO $2.36-2.46 bln.