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0.00125414315148258 0.00161246976619195 0.00151751321329401 0.00197079638090131 0.000537489922063982 -0.000537489922063854 -0.000403117441547859 -0.0029203619098808
Stock impact report

Crown Castle's Q3 AFFO Beats Estimates, Expenses Decrease Y/Y [Yahoo! Finance]

Crown Castle Inc. (CCI) 
Last crown castle inc. earnings: 4/29 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.crowncastle.com
Company Research Source: Yahoo! Finance
CCI reported third-quarter 2024 adjusted funds from operations (AFFO) per share of $1.84, outpacing the Zacks Consensus Estimate of $1.80. The reported figure also increased by 4% from the year-ago quarter. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar Results reflect a rise in site rental revenues and a decline in total operating expenses year over year. However, a decline in services and other revenues affected the results to some extent. CCI maintained its outlook for 2024. Net revenues of $1.65 billion outpaced the Zacks Consensus Estimate of $1.64 billion. However, the figure fell marginally year over year. As per Steven Moskowitz, CEO of Crown Castle, “Across all forms of digital connectivity, the U.S. is generating record annual increases in data consumption, which we expect to drive continued demand for communications infrastructure. We believe we are well positioned to benefit from these positive trends and are also actively developing initi Show less Read more
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