-- CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:
AMT reported Q1 total revenue up 7.5% Y/Y to $2.74B, beating the consensus by $87M, with property revenue of $2.67B up 7.3% while Services revenue declined 9.4% to $68M. Total tenant billings growth of 2.3% and organic growth of 1.7% reflected more modest underlying demand trends. International markets continued driving growth with Africa & APAC leading at +13.5% revenue growth and +10.5% organic tenant billings, followed by Europe's strong 22.4% revenue and 3.9% organic billings performance. Latin America showed mixed results with 20.3% revenue growth offset by 2.0% organic billings decline, while U.S. & Canada faced headwinds with revenue down 2.8% to $1.26B despite positive 0.6% organic tenant billings growth. provided significant tailwinds this quarter, contributing approximately $74M to tenant billings and $36M to other revenue components, highlighting AMT's international exposure benefits in the current FX environment.