Crown Castle(CCI)
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Crown Castle Files Investor Presentation Highlighting Clear Strategic Plan and Refreshed, Experienced Board to Drive Shareholder Value Creation
Newsfilter· 2024-05-03 11:30
The Company's Board, alongside newly appointed CEO Steven Moskowitz, is taking action to improve performance, unlock value within the fiber and small cell business, and create a stronger and more valuable Crown Castle Ted Miller's demands to take de facto control of the Company, along with three of his friends and family, put shareholders' investment in Crown Castle at risk Shareholders urged to vote the WHITE proxy card or voting instruction form for ALL of Crown Castle's highly qualified and diverse direc ...
Board Change at Crown Castle is Needed Urgently: Boots Capital Releases Investor Presentation
Prnewswire· 2024-05-01 21:01
Details Crown Castle Board's Track Record of Poor Judgement, Resulting in Years of TSR and Stock Price Underperformance, Debt-Fueled Dividend, Mishandled CEO Succession, Loss of Talent, and Operational Missteps Boots Capital's Nominees Fill the Tower Operating Expertise that is Sorely Missing From and Desperately Needed on CCI's Board Boots Capital's Nominees are Committed to Working Collaboratively with the Board and Focused on Enhancing Operational Excellence and Unlocking Meaningful Value for all Shareh ...
Crown Castle(CCI) - 2024 Q1 - Quarterly Report
2024-05-01 20:06
The measurement of profit or loss used by the Company's chief operating decision maker ("CODM") to evaluate the performance of its operating segments is segment operating profit (loss). Additionally, the Company CODM also reviews segment site rental gross margin and segment services and other gross margin. The Company defines segment operating profit (loss) as segment site rental gross margin plus segment services and other gross margin, and segment other operating (income) expense, less segment selling, ge ...
3 Secret Warren Buffett Stocks You Haven't Heard of for Multibagger Gains
InvestorPlace· 2024-04-29 17:49
You may have heard whispers that Warren Buffett has a secret portfolio outside of Berkshire Hathaway (NYSE:BRK-A, NYSE:BRK-B). This lesser-known holding company is called New England Asset Management, where Buffett oversees a relatively small but intriguing collection of investments. While the assets under management here pale compared to Berkshire’s empire, this secretive portfolio contains some fascinating stock picks with breakout potential.New England Asset Management holds mostly ETFs and defensive pos ...
Crown Castle Highlights Actions its Board Has Implemented to Successfully Strengthen Foundation and Position Company for Long-Term Value Creation
Newsfilter· 2024-04-25 20:15
Urges Shareholders to Vote "FOR" ONLY Crown Castle's 12 Qualified and Experienced Director Nominees on the WHITE Proxy Card Ted Miller's Self-Serving Campaign Risks Derailing Important Work Underway and Is Not Aligned with Interests of Shareholders HOUSTON, April 25, 2024 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE:CCI) ("Crown Castle" or the "Company") today sent a letter to shareholders in connection with its upcoming 2024 Annual Meeting of Shareholders (the "2024 Annual Meeting") scheduled for May 22, 20 ...
BOOTS CAPITAL HIGHLIGHTS CROWN CASTLE'S SIGNIFICANT DESTRUCTION OF SHAREHOLDER VALUE AND FAILED OPERATIONAL STRATEGY DUE TO INEFFECTIVE LEADERSHIP
Prnewswire· 2024-04-22 20:26
Urges Shareholders to Vote the GOLD Proxy Card "FOR" Boots Capital's Four Highly Qualified Director Nominees – Ted Miller, Charles Green, David Wheeler, and Tripp Rice – and "WITHHOLD" on ALL Crown Castle Nominees Files Definitive Proxy Materials and Mails Letter to Crown Castle Shareholders Launches www.RebootCrownCastle.com HOUSTON, April 22, 2024 /PRNewswire/ -- Ted B. Miller, co-founder and former Executive Chairman & Chief Executive Officer of Crown Castle Inc., (NYSE: CCI) ("Crown Castle" or the "Comp ...
OUT vs. CCI: Which Stock Is the Better Value Option?
Zacks Investment Research· 2024-04-22 16:46
Investors interested in REIT and Equity Trust - Other stocks are likely familiar with Outfront Media (OUT) and Crown Castle (CCI) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank puts an emphasis on earnings estimates and ...
Crown Castle Issues Statement Regarding Ted Miller's Latest Attempt to Disrupt the Company's Momentum
Newsfilter· 2024-04-19 20:15
HOUSTON, April 19, 2024 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE:CCI) ("Crown Castle" or the "Company") today issued the following statement: Consistent with the Boots Group's approach throughout its campaign, Ted Miller has again pursued a litigation strategy that is attempting to interfere with Crown Castle's critical strategic and operational initiatives. In his most recent motion, Ted Miller is seeking to prevent the Company from expanding the size of its Board, which the Board has recently done by a ...
Crown Castle's (CCI) Q1 AFFO & Revenues Surpass Estimates
Zacks Investment Research· 2024-04-18 16:26
Crown Castle Inc. (CCI) reported first-quarter 2024 adjusted funds from operations (AFFO) per share of $1.72, outpacing the Zacks Consensus Estimate by a penny. However, the reported figure declined 9.9% from the year-ago quarter.Results reflect better-than-anticipated revenues. However, higher interest expense on debt obligations and lower contributions from adjusted EBITDA were undermining factors. CCI maintained its outlook for 2024.Net revenues of $1.64 billion, too, beat the Zacks Consensus Estimate of ...
Crown Castle's (CCI) Q1 AFFO Beat, Site-Rental Revenues Fall
Zacks Investment Research· 2024-04-18 16:26
Crown Castle Inc.’s (CCI) first-quarter 2024 adjusted funds from operations (AFFO) per share of $1.72 surpassed the Zacks Consensus Estimate of $1.71. Net revenues of $1.64 billion outpaced the Zacks Consensus Estimate of $1.63 billion.However, AFFO per share reported a 9.9% decline year over year. Net revenues fell 7.4% year over year.Site-Rental Revenues DecreaseCCI’s total site-rental revenues fell 2.2% year over year to $1.59 billion in the first quarter of 2024. The figure was higher than our estimate ...