American Tower Corp. (AMT) reported Q4 adjusted funds from operations Tuesday of $2.32 per share, up from $2.10 a year earlier.

Analysts polled by FactSet expected $2.36.

Operating revenue for the quarter ended Dec. 31 was $2.55 billion, compared with $2.46 billion a year earlier.

Analysts surveyed by FactSet expected $2.51 billion.

The company said it expects 2025 adjusted funds from operations of $10.31 to $10.50 per share.

Analysts surveyed by FactSet expect $10.51.