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 th ...

Investors are always looking for stocks that are poised to beat at earnings season and Crown Castle Inc. (CCI) , may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Crown Castle is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty go ...

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 a ...

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 re ...

BackyardProduction Thesis I love collecting dividends from my holdings. For me, the cash flow received makes it so much more enjoyable to be a long-term investor. It also makes it a lot easier psychologically to continue holding even if the price performance isn't heading in the direction I would like. I imagine this is the case for Crown Castle (NYSE:CCI) shareholders as of recently. The price is down nearly 50% but at least they're collecting consistent income from the REIT. The combination of the price d ...

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 th ...

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 ...

Dragon Claws It’s a strange world we live in these days, where you now have to pay extra for a streaming subscription just to watch a select NFL playoff game. I had once thought that so long as you’re willing to sit through commercials, then you could watch for no extra cost beyond a cable subscription or a TV antenna! But I digress, turning to the economy, unemployment is low in the U.S. and in many parts of the world, and yet consumer sentiment remains rather low despite that fact. As shown below, con ...

Crown Castle Inc. (NYSE:CCI) Morgan Stanley 2023 European Technology, Media & Telecom Conference November 16, 2023 9:45 AM ET Company Participants Daniel Schlanger - EVP & CFO Conference Call Participants Simon Flannery - Morgan Stanley Simon Flannery Good morning, everybody. For those of you who don't know me, I'm Simon Flannery, the U.S. telecom and comm infrastructure analyst. It’s my great pleasure to welcome back Dan Schlanger, the Chief Financial Officer at Crown Castle. Welcome, Dan. Daniel Schlang ...

On October 18, 2023, the Company announced plans to relocate approximately 1,000 employee positions from several locations nationwide to a centralized location by the end of the third quarter 2024. In connection with this action, the Company anticipates recording related restructuring charges, including employee relocation costs, employee severance and other one-time termination benefits, remaining obligations under facility leases and write-off of leasehold improvements; however, the magnitude of these cha ...