Categories Earnings, Other Industries

Crown Castle International (NYSE: CCI): Q3 2019 Earnings Snapshot

— Crown Castle International Corp. (NYSE: CCI) reported third-quarter 2019 earnings of $0.58 per share, vs. $0.49 per share expected.

— Revenues grew 10% to $1.51 billion, vs. $1.48 billion expected. Site rental revenues came in at $1.26 billion, up 6% year-over-year.

— AFFO per share for the quarter jumped 12% to $1.55.

— For full year 2020, Crown Castle expects net income of $1.088 billion – $1.168 billion and AFFO between $2.662 billion to $2.707 billion.

— CCI shares rose 1.7% immediately following the announcement.

United Rentals (URI) surpasses Q3 view; stock dips on dismal FY19 outlook

Browse through our earnings calendar and get all scheduled earnings announcements, analyst/investor conference and much more!

Most Popular

Does Unity Software (U) stock has more room to run?

Last month, the IPO market was in a full swing. IPOs of Snowflake (NYSE: SNOW) and JFROG (NASDAQ: FROG) had an impressive opening day in September, the former creating a

PepsiCo (PEP): Steady snacking habits amid pandemic drive strong quarter for beverage giant

PepsiCo Inc. (NASDAQ: PEP) beat market expectations on both revenue and earnings for the third quarter of 2020. The company saw the momentum continue in its snacks business while the

Does the virus-driven boom make Electronic Arts (EA) a good investment?

With more and more people turning to virtual entertainment sources, amid the virus-related movement restrictions, video game publishers like Electronic Arts (NASDAQ: EA) are witnessing unusually high demand. Not surprisingly,


Add Comment
Viewing Highlight