HOUSTON, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") announced today that it has priced its previously announced public offering of 4.900% Senior Notes due 2029 and 5.200% Senior Notes due 2034 in aggregate principal amounts of $550 million and $700 million, respectively. The Senior Notes due 2029 will have an interest rate of 4.900% per annum and will be issued at a price equal to 99.736% of their face value to yield 4.959%. The Senior Notes due 2034 will have an intere ...

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Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.01 par value CCI New York Stock Exchange Non-accelerated filer ☐ Smaller reporting company ☐ FORM 10-Q For the transition period to Delaware 76-0470458 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) ____________________________________ Securities registered pursuant to Section 12(b) of the Act: If an emerging growth company, indicate by check mark if the regis ...

Crown Castle Inc. (CCI) reported second-quarter 2024 adjusted funds from operations (AFFO) per share of $1.62, lagging the Zacks Consensus Estimate of $1.65. The reported figure also declined 21% from the year-ago quarter. Results reflect a fall in net revenues on a year-over-year basis. Higher interest expense on debt obligations and lower contributions from adjusted EBITDA were undermining factors. CCI maintained its outlook for 2024. Management remains on track to deliver a full-year outlook for organic ...

Crown Castle Inc. (NYSE:CCI) Q2 2024 Earnings Conference Call July 17, 2024 5:00 PM ET Company Participants Kris Hinson - VP, Corporate Finance & Treasurer Steven Moskowitz - President & CEO Daniel Schlanger - CFO Conference Call Participants Simon Flannery - Morgan Stanley Michael Rollins - Citi David Barden - Bank of America Ric Prentiss - Raymond James Jim Schneider - Goldman Sachs Nick Del Deo - MoffettNathanson Richard Choe - JPMorgan Ari Klein - BMO Capital Markets Matt Niknam - Deutsche Bank Batya Le ...

For the quarter ended June 2024, Crown Castle (CCI) reported revenue of $1.63 billion, down 12.9% over the same period last year. EPS came in at $1.62, compared to $1.05 in the year-ago quarter. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. View all Key Company Metrics for Crown Castle here>>> Shares of Crown Castle h ...

Ahead of this earnings release, the estimate revisions trend for Crown Castle: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. One other stock from the same industry, Gaming and Leisure Proper ...

| --- | --- | |--------------------------|--------------------------------------------------------------------------------| | | | | | | | July 17, 2024 | | | Second Quarter 2024 | | | Earnings Conference Call | | | | 1 Second Quarter 2024 Earnings Conference Call The pathway to possible. PAGE | This presentation contains forward-looking statements and information ("Forward-Looking Statements") that are based on our management's current expectations. Statements that are not historical facts are hereby identi ...

Crown Castle Inc. Second Quarter 2024 COMPANY OVERVIEW OUTLOOKCONSOLIDATED FINANCIALSCAPITALIZATION OVERVIEW TOWERS SEGMENT FIBER SEGMENT APPENDIX Reconciliation of Historical Adjusted EBITDA: | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |--------------------------------------------------------------------|-------|-------|-------|-------|-----------|-------|-------|-------|-------|-----------|-------| | (in millions; totals may not sum due to rounding) | | Q1 | | Q2 | 2023 | Q3 ...

| --- | --- | --- | --- | |-------------------------------------------------|-------------------------------------|------------------------|-------------------| | (dollars in millions, except per share amounts) | Current Full Year 2024 Outlook(a) | Full Year 2023 Actual | Change % Change | | Site rental revenues | $6,340 | $6,532 | $(192) (3)% | | Net income (loss) | $1,158 | $1,502 | $(344) (23)% | | Net income (loss) per share—diluted | $2.67 | $3.46 | $(0.79) (23)% | | Adjusted EBITDA(b) | $4,168 | $4,41 ...