| Quarter | Call date | Disclosure | Financial quality | Kept | Missed | |
|---|---|---|---|---|---|---|
| Q2'26 | July 28, 2026 | 5/12 | 2 high, 5 medium, 1 low flags | 2 | 0 | Call sheet → |
| Q1'26 | April 28, 2026 | 10/12 | 1 medium, 5 low flags | 4 | 0 | Call sheet → |
| Q4'25 | February 24, 2026 | 11/12 | 6 low flags | 4 | 1 | Call sheet → |
| Q3'25 | October 28, 2025 | 11/12 | 2 medium, 5 low flags | 5 | 0 | Call sheet → |
| Marked | Status | Promise |
|---|---|---|
| Q2'26 | Pending | Return to positive LatAm organic growth in 2027 Still at -2%, no improvement yet but timeline unchanged |
| Q2'26 | Delivered | Capital allocation 85% to developed markets Explicitly confirmed maintaining this allocation |
| Q2'26 | Pending | Cash EBITDA margin expansion of 200-300bps by 2030 Made progress but only 30bps expansion ex-DISH this quarter |
| Q2'26 | Pending | Africa organic growth 10% H1, 7% H2 due to churn timing H1 target hit at 11%, H2 performance TBD |
| Q2'26 | Exceeded | Data center growth of 13% for full year Raised to 15% growth, clearly outperforming |
| Q2'26 | Pending | Organic tenant billings growth of ~4% ex-DISH for full year On track at 4% through Q2, but H2 is when this gets tested |
| Q1'26 | Exceeded | Earlier market repair in Brazil with 2027 acceleration Now expecting acceleration one year earlier than previously guided, positive development. |
| Q1'26 | Pending | Back half weighted churn in Africa/APAC Q1 showed 11% growth vs. guided 8.5%, suggesting churn timing tracking as expected. |
| Q1'26 | Delivered | Approximately 4% organic tenant billings growth globally ex-DISH Delivered exactly 4% ex-DISH in Q1, with guidance maintained for full year. |
| Q1'26 | Exceeded | Double-digit growth from data center business CoreSite delivered 17% growth vs. guided 13%, with interconnection inflection ahead of expectations. |
| Q1'26 | Delivered | Mid-single digit organic growth in developed markets long-term U.S./Canada delivered ~5% ex-DISH, Europe at 4%, both within mid-single digit range as promised. |
| Q1'26 | Pending | Industry-leading attributable AFFO per share growth Q1 delivered -1% growth, but management maintains this is temporary due to DISH churn. Ex-DISH showing ~4% growth supports the promise. |
| Q4'25 | Missed | Continue to expect consolidated organic tenant billings growth of approximately 5% (Q3) Guided to 1% (4% ex-DISH) due to DISH default not anticipated in Q3 |
| Q4'25 | Pending | CoreSite to achieve mid-teens or higher stabilized yields (Q3) Reiterated target, no specific update on achievement timeline |
| Q4'25 | Delivered | Remain disciplined stewards of capital and strive to generate durable cash flow growth (Q3) $365M buyback plus maintained dividend growth demonstrates active capital allocation |
| Q4'25 | Delivered | Plan to deploy vast majority of growth CapEx to developed tower markets and CoreSite (Q3) 85% of discretionary spend directed to developed markets as promised |
| Q4'25 | Delivered | Continue to expect our international tower portfolio to deliver faster organic growth than the U.S. (Q3) Africa/APAC at 8.5%, Europe at 4% vs US at 4.5% ex-DISH |
| Q4'25 | Delivered | Look forward to communicating more details on future efficiency initiatives as part of our 2026 outlook (Q3) Provided specific 200-300 bps margin expansion target with four initiative areas |
| Q3'25 | Delivered | Churn to trend down after Sprint completion Rod confirmed churn will drop to ~1% from 2.3% starting Q4 |
| Q3'25 | Exceeded | Net leverage toward 5x or below by H2 2025 Achieved 4.9x in Q3, ahead of timeline |
| Q3'25 | Exceeded | CoreSite mid-teens stabilized yields achievable Management confirms exceeding underwriting assumptions with favorable pricing |
| Q3'25 | Delivered | Organic growth expectations around 5% consolidated Hit 5.0% this quarter, maintained full-year guidance |
| Q3'25 | Pending | Cost efficiency targets by end of year Pushed to Q4 earnings call, still working through scope with new COO |
| Q3'25 | Exceeded | Sprint churn would complete by end of 2025 Completed in Q3, one quarter earlier than expected |
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