Current guidance
95 items
Each item compared with the same item in the previous release (Apr 22, 2026). Values in quotation marks are the company’s words.
| Change | Metric | Period | Previous | Now | Source |
|---|---|---|---|---|---|
| Raised | Site rental revenues | for FY2026 | “3,828 to 3,873” | “3,833 to 3,878” | Filing ↗ |
| Raised | Net income (loss) | for FY2026 | “640 to 920” | “730 to 1,010” | Filing ↗ |
| Raised | Net income (loss) per share—diluted | for FY2026 | “1.48 to 2.12” | “1.70 to 2.35” | Filing ↗ |
| Lowered | Services and other gross margin | for FY2026 | “90 to 120” | “70 to 100” | Filing ↗ |
| Raised | AFFO | for FY2026 | “1,895 to 1,945” | “1,950 to 2,000” | Filing ↗ |
| Raised | AFFO per share | for FY2026 | “4.38 to 4.49” | “4.53 to 4.65” | Filing ↗ |
| New | Discretionary capital expenditures | for FY2026 | — | “150 to 250” | Filing ↗ |
| New | Expected growth in AFFO from 2025 to 2026 | for FY2026 | — | “approximately $15 million at the midpoint” | Filing ↗ |
| Raised | FFO | for FY2026 | “1,640 to 1,670” | “1,730 to 1,760” | Filing ↗ |
| New | Organic Contribution to Site Rental Billings, excluding the impact of DISH Terminations and Sprint Cancellations | for FY2026 | — | “approximately $135 million or 3.4% at the midpoint, or 3.6% if DISH revenues are excluded from prior year site rental billings” | Filing ↗ |
| Raised | Site rental billings | for FY2026 | “$3,800 to $3,830” | “$3,805 to $3,835” | Filing ↗ |
| Lowered | Site rental costs of operations | for FY2026 | “978 to 1,023” | “968 to 1,013” | Filing ↗ |
| Reiterated | Other revenues | for FY2026 | “15 to 15” | “15 to 15” | Filing ↗ |
| Reiterated | Straight-lined revenues | for FY2026 | “(75) to (45)” | “(75) to (45)” | Filing ↗ |
| Reiterated | Adjusted EBITDA | for FY2026 | “2,665 to 2,715” | “2,665 to 2,715” | Filing ↗ |
| Reiterated | Depreciation, amortization and accretion | for FY2026 | “627 to 722” | “627 to 722” | Filing ↗ |
| Reiterated | Income (loss) from discontinued operations, net of tax | for FY2026 | “(360) to (80)” | “(360) to (80)” | Filing ↗ |
| Change | Metric | Period | Previous | Now | Source |
|---|---|---|---|---|---|
| Not restated | Other billings (Components of Changes in Site Rental Revenues, range) | for FY2026 | “(5) to (5)” | — | Filing ↗ |
| Not restated | Net income (loss) (Outlook Midpoint / Growth Rate vs FY2025) | for FY2026 | “$780 76%” | — | Filing ↗ |
| Not restated | Net income (loss) (Outlook table) | for FY2026 | “640 to 920” | — | Filing ↗ |
| Not restated | Net income (loss) per share—diluted (Outlook table) | for FY2026 | “1.48 to 2.12” | — | Filing ↗ |
| Not restated | AFFO per share (Outlook Midpoint / Growth Rate vs FY2025) | for FY2026 | “$4.43 2%” | — | Filing ↗ |
| Not restated | AFFO per share (Outlook table) | for FY2026 | “4.38 to 4.49” | — | Filing ↗ |
| Not restated | Change in other billings (Organic Contribution to Site Rental Billings component, midpoint) | for FY2026 | “$(5) (0.1)%” | — | Filing ↗ |
| Not restated | Debt repayment (following Fiber Business sale close) | for FY2026 | “approximately $7 billion of debt” | — | Filing ↗ |
| Not restated | Discretionary capital expenditures from discontinued operations | for FY2026 | “$480 to $580” | — | Filing ↗ |
| Not restated | DISH Terminations and Sprint Cancellations impact | for FY2026 | “$240 million” | — | Filing ↗ |
| Not restated | Expense savings from workforce reduction (services) | for FY2026 | “$5 million” | — | Filing ↗ |
| Not restated | Other billings | for FY2026 | “(5) to (5)” | — | Filing ↗ |
| Not restated | Services contribution | for FY2026 | “increase by approximately $5 million at the midpoint” | — | Filing ↗ |
| Not restated | Services contribution change | for FY2026 | “increase by approximately $5 million at the midpoint” | — | Filing ↗ |
| Not restated | Debt repayment | No period stated | “approximately $7 billion of debt” | — | Filing ↗ |
| Not restated | Target leverage | for the long term | “6.0-6.5x” | — | Filing ↗ |
Guidance for periods that have not yet ended, at its most recent value, grouped by horizon.
| Metric | Current value | Period | Measure | First stated | Times stated | Source |
|---|---|---|---|---|---|---|
| Core leasing activity (Components of Changes in Site Rental Revenues, range) | “60 to 70” | for FY2026 | Company-defined | Apr 22, 2026 | 1 | Filing ↗ |
| Escalators (Components of Changes in Site Rental Revenues, range) | “95 to 105” | for FY2026 | GAAP-tied | Apr 22, 2026 | 1 | Filing ↗ |
| Non-renewals (Components of Changes in Site Rental Revenues, range) | “(35) to (25)” | for FY2026 | GAAP-tied | Apr 22, 2026 | 1 | Filing ↗ |
| Organic Contribution to Site Rental Billings growth, excluding DISH revenues from prior year site rental billings | “3.5%” | for FY2026 | Company-defined | Apr 22, 2026 | 1 | Filing ↗ |
| Organic growth (full year 2026 Outlook, excluding DISH revenues and Sprint Cancellations impact) | “3.5%” | for FY2026 | Company-defined | Feb 4, 2026 | 1 | Filing ↗ |
| Other billings (Components of Changes in Site Rental Revenues, range) | “(5) to (5)” | for FY2026 | GAAP-tied | Apr 22, 2026 | 1 | Filing ↗ |
| Other revenues | “15 to 15” | for FY2026 | GAAP-tied | Feb 4, 2026 | 3 | Filing ↗ |
| Site rental revenues | “3,833 to 3,878” | for FY2026 | GAAP-tied | Feb 4, 2026 | 2 | Filing ↗ |
| Site rental revenues (Outlook Midpoint / Growth Rate vs FY2025) | “$3,850 (5)%” | for FY2026 | GAAP-tied | Feb 4, 2026 | 1 | Filing ↗ |
| Site rental revenues (Outlook table) | “3,828 to 3,873” | for FY2026 | GAAP-tied | Apr 22, 2026 | 1 | Filing ↗ |
| Site rental revenues as a percentage of prior year site rental revenues | “(4.9)%” | for FY2026 | GAAP-tied | Feb 4, 2026 | 2 | Filing ↗ |
| Straight-line site rental revenues | “decrease by approximately $70 million” | for FY2026 | GAAP-tied | Feb 4, 2026 | 1 | Filing ↗ |
| Straight-line site rental revenues change | “decrease by approximately $70 million” | for FY2026 | GAAP-tied | Apr 22, 2026 | 1 | Filing ↗ |
| Straight-lined revenues | “(75) to (45)” | for FY2026 | GAAP-tied | Feb 4, 2026 | 3 | Filing ↗ |
| Adjusted EBITDA | “2,665 to 2,715” | for FY2026 | Company-defined | Feb 4, 2026 | 2 | Filing ↗ |
| Adjusted EBITDA (Outlook Midpoint / Growth Rate vs FY2025) | “$2,690 (6)%” | for FY2026 | Company-defined | Feb 4, 2026 | 1 | Filing ↗ |
| Adjusted EBITDA (Outlook table) | “2,665 to 2,715” | for FY2026 | Company-defined | Apr 22, 2026 | 1 | Filing ↗ |
| Net income (loss) | “730 to 1,010” | for FY2026 | GAAP-tied | Feb 4, 2026 | 2 | Filing ↗ |
| Net income (loss) (Outlook Midpoint / Growth Rate vs FY2025) | “$780 76%” | for FY2026 | GAAP-tied | Feb 4, 2026 | 1 | Filing ↗ |
| Net income (loss) (Outlook table) | “640 to 920” | for FY2026 | GAAP-tied | Apr 22, 2026 | 1 | Filing ↗ |
| Net income (loss) per share—diluted | “1.70 to 2.35” | for FY2026 | GAAP-tied | Feb 4, 2026 | 2 | Filing ↗ |
| Net income (loss) per share—diluted (Outlook Midpoint / Growth Rate vs FY2025) | “$1.80 78%” | for FY2026 | GAAP-tied | Feb 4, 2026 | 1 | Filing ↗ |
| Net income (loss) per share—diluted (Outlook table) | “1.48 to 2.12” | for FY2026 | GAAP-tied | Apr 22, 2026 | 1 | Filing ↗ |
| Services and other gross margin | “70 to 100” | for FY2026 | GAAP-tied | Feb 4, 2026 | 3 | Filing ↗ |
| AFFO | “1,950 to 2,000” | for FY2026 | Company-defined | Feb 4, 2026 | 2 | Filing ↗ |
| AFFO (Outlook Midpoint / Growth Rate vs FY2025) | “$1,920 1%” | for FY2026 | Company-defined | Feb 4, 2026 | 1 | Filing ↗ |
| AFFO (Outlook table) | “1,895 to 1,945” | for FY2026 | Company-defined | Apr 22, 2026 | 1 | Filing ↗ |
| AFFO growth (2025 to 2026) | “approximately $15 million at the midpoint” | for FY2026 | Company-defined | Feb 4, 2026 | 1 | Filing ↗ |
| AFFO growth from 2025 to 2026 | “approximately $15 million at the midpoint” | for FY2026 | Company-defined | Apr 22, 2026 | 1 | Filing ↗ |
| AFFO per share | “4.53 to 4.65” | for FY2026 | GAAP-tied | Feb 4, 2026 | 2 | Filing ↗ |
| AFFO per share (Outlook Midpoint / Growth Rate vs FY2025) | “$4.43 2%” | for FY2026 | GAAP-tied | Feb 4, 2026 | 1 | Filing ↗ |
| AFFO per share (Outlook table) | “4.38 to 4.49” | for FY2026 | GAAP-tied | Apr 22, 2026 | 1 | Filing ↗ |
| Capitalized interest | “(15) to (5)” | for FY2026 | Company-defined | Feb 4, 2026 | 2 | Filing ↗ |
| Change in other billings (Organic Contribution to Site Rental Billings component, midpoint) | “$(5) (0.1)%” | for FY2026 | Company-defined | Apr 22, 2026 | 1 | Filing ↗ |
| Core leasing activity | “60 to 70” | for FY2026 | Company-defined | Feb 4, 2026 | 1 | Filing ↗ |
| Core leasing activity (Organic Contribution to Site Rental Billings component, midpoint) | “$65 1.8%” | for FY2026 | Company-defined | Apr 22, 2026 | 1 | Filing ↗ |
| Cost savings | “$55 million” | for FY2026 | Company-defined | Feb 4, 2026 | 2 | Filing ↗ |
| Cost savings due to timing | “$55 million” | for FY2026 | Company-defined | Feb 4, 2026 | 2 | Filing ↗ |
| Debt repayment (following Fiber Business sale close) | “approximately $7 billion of debt” | for FY2026 | GAAP-tied | Apr 22, 2026 | 1 | Filing ↗ |
| Depreciation, amortization and accretion | “627 to 722” | for FY2026 | Company-defined | Feb 4, 2026 | 3 | Filing ↗ |
| Discretionary capital expenditures | “150 to 250” | for FY2026 | Company-defined | Jul 22, 2026 | 1 | Filing ↗ |
| Discretionary capital expenditures | “$150 million to $250 million” | for FY2026 | Company-defined | Feb 4, 2026 | 2 | Filing ↗ |
| Discretionary capital expenditures (Outlook table) | “150 to 250” | for FY2026 | Company-defined | Apr 22, 2026 | 1 | Filing ↗ |
| Discretionary capital expenditures from discontinued operations | “$480 to $580” | for FY2026 | Company-defined | Feb 4, 2026 | 2 | Filing ↗ |
| Discretionary capital expenditures less prepaid rent additions | “$110 to $210” | for FY2026 | Company-defined | Feb 4, 2026 | 2 | Filing ↗ |
| DISH Terminations and Sprint Cancellations impact | “$240 million” | for FY2026 | Company-defined | Feb 4, 2026 | 2 | Filing ↗ |
| DISH Terminations impact | “$220 million” | for FY2026 | Company-defined | Feb 4, 2026 | 2 | Filing ↗ |
| Escalators | “95 to 105” | for FY2026 | Company-defined | Feb 4, 2026 | 1 | Filing ↗ |
| Escalators (Organic Contribution to Site Rental Billings component, midpoint) | “$100 2.7%” | for FY2026 | Company-defined | Apr 22, 2026 | 1 | Filing ↗ |
| Expected growth in AFFO from 2025 to 2026 | “approximately $15 million at the midpoint” | for FY2026 | Company-defined | Jul 22, 2026 | 1 | Filing ↗ |
| Expense savings from staffing and other cost reductions | “approximately $50 million” | for FY2026 | Company-defined | Feb 4, 2026 | 1 | Filing ↗ |
| Expense savings from workforce and other cost reductions | “approximately $50 million” | for FY2026 | Company-defined | Apr 22, 2026 | 1 | Filing ↗ |
| Expense savings from workforce reduction (services) | “$5 million” | for FY2026 | Company-defined | Feb 4, 2026 | 2 | Filing ↗ |
| Expenses | “decrease by approximately $25 million” | for FY2026 | Company-defined | Feb 4, 2026 | 1 | Filing ↗ |
| Expenses change | “decrease by approximately $25 million” | for FY2026 | Company-defined | Apr 22, 2026 | 1 | Filing ↗ |
| FFO | “1,730 to 1,760” | for FY2026 | Company-defined | Feb 4, 2026 | 3 | Filing ↗ |
| Fiber Business sale transaction expected closing | “first half of 2026” | for FY2026 | Company-defined | Oct 22, 2025 | 1 | Filing ↗ |
| Income (loss) from discontinued operations, net of tax | “(360) to (80)” | for FY2026 | GAAP-tied | Feb 4, 2026 | 3 | Filing ↗ |
| Interest expense | “decrease by approximately $120 million” | for FY2026 | GAAP-tied | Feb 4, 2026 | 1 | Filing ↗ |
| Interest expense and amortization of deferred financing costs, net | “832 to 877” | for FY2026 | GAAP-tied | Feb 4, 2026 | 2 | Filing ↗ |
| Interest expense change | “decrease by approximately $120 million” | for FY2026 | GAAP-tied | Apr 22, 2026 | 1 | Filing ↗ |
| Interest expense on debt obligations | “$815 to $855” | for FY2026 | GAAP-tied | Feb 4, 2026 | 2 | Filing ↗ |
| Non-renewals | “(35) to (25)” | for FY2026 | Company-defined | Feb 4, 2026 | 1 | Filing ↗ |
| Non-renewals (Organic Contribution to Site Rental Billings component, midpoint) | “$(30) (0.8)%” | for FY2026 | Company-defined | Apr 22, 2026 | 1 | Filing ↗ |
| Non-renewals associated with DISH Terminations | “(220) to (220)” | for FY2026 | Company-defined | Feb 4, 2026 | 1 | Filing ↗ |
| Non-renewals associated with DISH Terminations (range) | “(220) to (220)” | for FY2026 | Company-defined | Apr 22, 2026 | 1 | Filing ↗ |
| Non-renewals associated with Sprint Cancellations | “(20) to (20)” | for FY2026 | Company-defined | Feb 4, 2026 | 1 | Filing ↗ |
| Non-renewals associated with Sprint Cancellations (range) | “(20) to (20)” | for FY2026 | Company-defined | Apr 22, 2026 | 1 | Filing ↗ |
| Organic Contribution to Site Rental Billings | “(125) to (95)” | for FY2026 | Company-defined | Feb 4, 2026 | 1 | Filing ↗ |
| Organic Contribution to Site Rental Billings (range) | “(125) to (95)” | for FY2026 | Company-defined | Apr 22, 2026 | 1 | Filing ↗ |
| Organic Contribution to Site Rental Billings after DISH Terminations and Sprint Cancellations impact | “approximately $(110) million” | for FY2026 | Company-defined | Feb 4, 2026 | 2 | Filing ↗ |
| Organic Contribution to Site Rental Billings as a percentage of prior year site rental billings | “(2.8)%” | for FY2026 | Company-defined | Feb 4, 2026 | 2 | Filing ↗ |
| Organic Contribution to Site Rental Billings as Adjusted for Impact of Sprint Cancellations and DISH Terminations | “115 to 145” | for FY2026 | Company-defined | Feb 4, 2026 | 1 | Filing ↗ |
| Organic Contribution to Site Rental Billings as Adjusted for Impact of Sprint Cancellations and DISH Terminations (midpoint) | “$130 3.5%” | for FY2026 | Company-defined | Apr 22, 2026 | 1 | Filing ↗ |
| Organic Contribution to Site Rental Billings as Adjusted for Impact of Sprint Cancellations and DISH Terminations (range) | “115 to 145” | for FY2026 | Company-defined | Apr 22, 2026 | 1 | Filing ↗ |
| Organic Contribution to Site Rental Billings as Adjusted for Impact of Sprint Cancellations and DISH Terminations as a percentage of prior year site rental billings | “3.3%” | for FY2026 | Company-defined | Feb 4, 2026 | 2 | Filing ↗ |
| Organic Contribution to Site Rental Billings as Adjusted for Impact of Sprint Cancellations and DISH Terminations as a percentage of prior year site rental billings excluding DISH | “3.5%” | for FY2026 | Company-defined | Apr 22, 2026 | 1 | Filing ↗ |
| Organic Contribution to Site Rental Billings as Adjusted for Impact of Sprint Cancellations and DISH Terminations as a percentage of prior year site rental billings excluding site rental billings to DISH | “3.5%” | for FY2026 | Company-defined | Feb 4, 2026 | 1 | Filing ↗ |
| Organic Contribution to Site Rental Billings, excluding impact of DISH Terminations and Sprint Cancellations | “approximately $130 million or 3.3% at the midpoint” | for FY2026 | Company-defined | Feb 4, 2026 | 1 | Filing ↗ |
| Organic Contribution to Site Rental Billings, excluding the impact of DISH Terminations and Sprint Cancellations | “approximately $135 million or 3.4% at the midpoint, or 3.6% if DISH revenues are excluded from prior year site rental billings” | for FY2026 | Company-defined | Jul 22, 2026 | 1 | Filing ↗ |
| Organic Contribution to Site Rental Billings, excluding the impact of DISH Terminations and Sprint Cancellations | “approximately $130 million or 3.3% at the midpoint” | for FY2026 | Company-defined | Apr 22, 2026 | 1 | Filing ↗ |
| Other billings | “(5) to (5)” | for FY2026 | Company-defined | Feb 4, 2026 | 1 | Filing ↗ |
| Other items | “decrease by approximately $25 million” | for FY2026 | Company-defined | Feb 4, 2026 | 1 | Filing ↗ |
| Other items change | “decrease by approximately $25 million” | for FY2026 | Company-defined | Apr 22, 2026 | 1 | Filing ↗ |
| Prepaid rent additions | “$30 million to $50 million” | for FY2026 | Company-defined | Feb 4, 2026 | 2 | Filing ↗ |
| Prepaid rent additions (capex outlook table) | “(30) to (50)” | for FY2026 | Company-defined | Apr 22, 2026 | 1 | Filing ↗ |
| Prepaid rent amortization | “decrease by approximately $20 million” | for FY2026 | Company-defined | Feb 4, 2026 | 1 | Filing ↗ |
| Prepaid rent amortization change | “decrease by approximately $20 million” | for FY2026 | Company-defined | Apr 22, 2026 | 1 | Filing ↗ |
| Services contribution | “increase by approximately $5 million at the midpoint” | for FY2026 | Company-defined | Feb 4, 2026 | 1 | Filing ↗ |
| Services contribution change | “increase by approximately $5 million at the midpoint” | for FY2026 | Company-defined | Apr 22, 2026 | 1 | Filing ↗ |
| Share repurchases (following Fiber Business sale close) | “approximately $1 billion of shares” | for FY2026 | Declared action | Apr 22, 2026 | 1 | Filing ↗ |
| Site rental billings | “$3,805 to $3,835” | for FY2026 | Company-defined | Feb 4, 2026 | 3 | Filing ↗ |
| Site rental costs of operations | “968 to 1,013” | for FY2026 | Company-defined | Feb 4, 2026 | 3 | Filing ↗ |
| Sprint Cancellations impact | “$20 million” | for FY2026 | Company-defined | Feb 4, 2026 | 2 | Filing ↗ |
| Metric | Current value | Period | Measure | First stated | Times stated | Source |
|---|---|---|---|---|---|---|
| Annualized dividend | “an amount approximating 75% to 80% of AFFO excluding amortization of prepaid rent” | — | Declared action | Mar 13, 2025 | 1 | Filing ↗ |
| Annualized dividend (post-Transaction target) | “approximating 75% to 80% of AFFO excluding amortization of prepaid rent” | — | Declared action | Mar 13, 2025 | 1 | Filing ↗ |
| Common stock dividend (annualized basis) | “$4.25 per share” | — | Declared action | Feb 4, 2026 | 1 | Filing ↗ |
| Dividend | “$4.25 per share on an annualized basis” | — | Declared action | Feb 4, 2026 | 1 | Filing ↗ |
| Share repurchase | “approximately $1 billion of shares” | — | Declared action | Feb 4, 2026 | 2 | Filing ↗ |
| Share repurchase program | “approximately $3.0 billion” | — | Declared action | Mar 13, 2025 | 1 | Filing ↗ |
| Share repurchases (following Fiber Business sale close) | “approximately $1 billion” | — | Declared action | Feb 4, 2026 | 1 | Filing ↗ |
| Target dividend payout ratio | “approximately 75-80% of AFFO excluding amortization of prepaid rent” | — | Declared action | Apr 30, 2025 | 1 | Filing ↗ |
Site rental revenues, for FY2025 — every statement across the year, each linked to its filing.
12 companies in Logistics & diversified REITs. What they guide on, and who reported this season.
| Prologis | Oct 15, 2026 | 18 changes |
| Simon Property Group | Aug 10, 2026 | 17 changes |
| Realty Income | Aug 5, 2026 | 8 changes |
| Equinix | Jul 29, 2026 | 26 changes |
| Public Storage | Jul 29, 2026 | 19 changes |
| Ventas | Jul 29, 2026 | 14 changes |
| American Tower | Jul 28, 2026 | 39 changes |
| Extra Space Storage | Jul 28, 2026 | 6 changes |
Every metric, every release, eight quarters — the complete record as one table.
| Metric | FY2026 | FY2025 | FY2024 | Long-term | No period |
|---|---|---|---|---|---|
| Core leasing activity (Components of Changes in Site Rental Revenues, range) | 2 statements | 5 statements | 1 statement | — | — |
| Escalators (Components of Changes in Site Rental Revenues, range) | 2 statements | 5 statements | — | — | — |
| Non-renewals (Components of Changes in Site Rental Revenues, range) | 2 statements | 5 statements | — | — | — |
| Organic Contribution to Site Rental Billings growth, excluding DISH revenues from prior year site rental billings | 1 statement | — | — | — | — |
| Organic growth (full year 2026 Outlook, excluding DISH revenues and Sprint Cancellations impact) | 1 statement | — | — | — | — |
The 8 earnings releases this page is built from.
| Filed | Fiscal period | Accession | Guidance items | |
|---|---|---|---|---|
| Jul 22, 2026 | FY2026 Q2 | 0001051470-26-000069 | 17 | Open filing ↗ |
| Apr 22, 2026 | FY2026 Q1 | 0001051470-26-000046 | 63 | Open filing ↗ |
| Feb 4, 2026 | FY2025 Q4 | 0001051470-26-000008 | 64 | Open filing ↗ |
| Oct 22, 2025 | FY2025 Q3 | 0001051470-25-000185 | 41 | Open filing ↗ |
| Jul 23, 2025 | FY2025 Q2 | 0001051470-25-000159 | 31 | Open filing ↗ |
| Apr 30, 2025 | FY2025 Q1 | 0001051470-25-000124 | 45 | Open filing ↗ |
| Mar 13, 2025 | FY2024 Q4 | 0001051470-25-000085 | 52 | Open filing ↗ |
| Oct 16, 2024 | FY2024 Q3 | 0001051470-24-000206 | 45 | Open filing ↗ |