07:47 AM EDT, 07/30/2024 (MT Newswires) -- American Tower ( AMT ) reported Q2 adjusted funds from operations Tuesday of $2.79 per share, up from $2.46 a year earlier.

Analysts polled by Capital IQ expected $2.54.

Total operating revenue for the quarter ended June 30 was $2.90 billion, up from $2.77 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.82 billion.

The company said it now anticipates 2024 adjusted FFO of $10.48 to $10.72 per share. That compares with its prior guidance of $10.30 to $10.53 per share. Analysts polled by Capital IQ expect $10.41.

American Tower ( AMT ) shares were up nearly 2% in recent Tuesday premarket activity.

Price: 219.10, Change: +4.17, Percent Change: +1.94