Crown Castle (CCI) Tops Q1 FFO and Revenue Estimates
CCICrown Castle(CCI) Zacks Investment Research·2024-04-18 06:41

Crown Castle (CCI) came out with quarterly funds from operations (FFO) of 1.72pershare,beatingtheZacksConsensusEstimateof1.72 per share, beating the Zacks Consensus Estimate of 1.71 per share. This compares to FFO of 1.91pershareayearago.Thesefiguresareadjustedfornonrecurringitems.ThisquarterlyreportrepresentsanFFOsurpriseof0.581.91 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of 0.58%. A quarter ago, it was expected that this operator of wireless communications towers would post FFO of 1.79 per share when it actually produced FFO of $1.82, delivering a surprise of 1.68%. Over the la ...