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
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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
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CCI
News
- Crown Castle Declares Quarterly Common Stock DividendGlobeNewswire
- Crown Castle Inc. (NYSE: CCI) had its price target raised by analysts at Barclays PLC from $116.00 to $117.00. They now have an "equal weight" rating on the stock.MarketBeat
- Crown Castle Inc. (NYSE: CCI) had its price target raised by analysts at Royal Bank of Canada from $104.00 to $109.00. They now have a "sector perform" rating on the stock.MarketBeat
- How Much Would It Take To Earn $100 A Month From Crown Castle Stock [Yahoo! Finance]Yahoo! Finance
- Crown Castle: Paving The Way For AI-Backed Dividends [Seeking Alpha]Seeking Alpha
CCI
Earnings
- 10/16/24 - Beat
CCI
Sec Filings
- 11/14/24 - Form SC
- 11/12/24 - Form 8-K
- 11/6/24 - Form 8-K
- CCI's page on the SEC website