Shares of Crown Castle (CCI 4.26%), a real estate investment trust (REIT) that is one of the largest owners and operators of cellphone towers, were moving higher after the company pleased investors with its fourth-quarter earnings report, topping estimates on the top and bottom lines. As of 12:47 p.m. ET, the stock was up 3.4%. Crown Castle tops a low bar Crown Castle's business shrank in the quarter, with revenue down 5% to $1.67 billion, ahead of estimates of $1.65 billion. That decline was attributable t ...

Crown Castle Inc. (CCI) reported fourth-quarter 2023 adjusted funds from operations (AFFO) per share of $1.82, outpacing the Zacks Consensus Estimate of $1.79. However, the reported figure declined 1.6% from the year-ago quarter. Results reflect better-than-anticipated revenues aided by healthy site-rental revenue growth. However, higher interest expense on debt obligations and lower contributions from adjusted EBITDA were undermining factors. CCI maintained its outlook for 2024. Net revenues of $1.67 billi ...

Crown Castle Inc.’s (CCI) fourth-quarter 2023 adjusted funds from operations (AFFO) per share of $1.82 surpassed the Zacks Consensus Estimate of $1.79. Net revenues of $1.67 billion, outpaced the Zacks Consensus Estimate of $1.65 billion. However, AFFO per share reported a 1.6% decline year over year. Net revenues fell 5.1% year over year. For 2023, Crown Castle reported AFFO per share of $7.55, beating the Zacks Consensus Estimate of $7.52. Moreover, the figure increased 2.3% from the prior year’s $7.38. N ...

For the quarter ended December 2023, Crown Castle (CCI) reported revenue of $1.67 billion, down 5.1% over the same period last year. EPS came in at $1.82, compared to $0.95 in the year-ago quarter. The reported revenue represents a surprise of +1.56% over the Zacks Consensus Estimate of $1.65 billion. With the consensus EPS estimate being $1.79, the EPS surprise was +1.68%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...

财报预期 - 分析师最新预测显示CCI本季度每股收益预期为$1.81，高于市场预期$1.79[3] - 公司的Zacks Earnings ESP为+1.28%，显示出正面的业绩预期[3] - 具有正面Zacks Earnings ESP和Zacks Rank 3的股票，通常有70%的概率会带来正面的业绩惊喜[4] 投资建议 - CCI目前的Zacks Rank为3，加上正面的ESP，投资者可能会考虑在财报发布前考虑购买该股票[5] 业绩展望 - 最近的盈利预期修订显示，Crown Castle的未来前景看好，可能会在即将发布的财报中取得好成绩[6]

Investors interested in stocks from the REIT and Equity Trust - Other sector have probably already heard of Outfront Media (OUT) and Crown Castle (CCI) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates ...

Crown Castle Inc. (CCI) is scheduled to release fourth-quarter and full-year 2023 results on Jan 24 after the closing bell. In anticipation of the announcement, industry analysts and investors are eager to assess the company's performance and prospects in the current economic climate. In the last reported quarter, this Houston, TX-based real estate investment trust’s (REIT) adjusted funds from operations (FFO) per share missed the Zacks Consensus Estimate by 0.56%. Results reflected lower-than- anticipated ...

公司业务 - Crown Castle拥有大约40,000座通信塔和约85,000英里的光纤，作为房地产投资信托(REIT)运营，为通信基础设施提供重要支持[4] - Crown Castle正从通信塔业务向光纤业务转型，这一战略转变将为公司长期增长奠定基础[9] 公司挑战 - 公司面临的挑战包括收入下降、运营成本增加以及利润率下降，但这些挑战被认为是暂时的，而非行业结构性转变的体现[17]

Wall Street analysts forecast that Crown Castle (CCI) will report quarterly earnings of $1.79 per share in its upcoming release, pointing to a year-over-year decline of 3.2%. It is anticipated that revenues will amount to $1.65 billion, exhibiting a decline of 6.6% compared to the year-ago quarter. Over the last 30 days, there has been a downward revision of 0.4% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of t ...

HOUSTON, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE:CCI) ("Crown Castle") announced today the appointment of Bradley E. Singer to its board of directors. Mr. Singer's appointment is effective today, January 17, 2024. Mr. Singer previously served as Chief Operating Officer and an Investment Partner at ValueAct Capital, Chief Financial Officer of Discovery Communications and CFO and Treasurer of American Tower Corporation. He currently serves on the boards of directors of Sweetgreen, Inc. and R ...