Crown Castle(CCI)

Search documents
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 ...
Crown Castle(CCI) - 2024 Q1 - Earnings Call Transcript
2024-04-17 23:51
Crown Castle Inc. (NYSE:CCI) Q1 2024 Earnings Conference Call April 17, 2024 5:00 PM ET Company Participants Kris Hinson - VP, Corporate Finance & Treasurer Robert Bartolo - Chair Steven Moskowitz - President & CEO Daniel Schlanger - CFO Tony Melone - Interim President & CEO Conference Call Participants Michael Rollins - Citi Jonathan Atkin - RBC Markets Ric Prentiss - Raymond James Simon Flannery - Morgan Stanley Nick Del Deo - MoffettNathanson David Barden - Bank of America Richard Choe - JPMorgan Matt Ni ...
Crown Castle(CCI) - 2024 Q1 - Earnings Call Presentation
2024-04-17 23:51
| --- | --- | |--------------------------|-------------------------------------------------------------------------------| | | | | | | | April 17, 2024 | | | First Quarter 2024 | | | Earnings Conference Call | | | | 1 First 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 identifi ...
Crown Castle (CCI) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
Zacks Investment Research· 2024-04-17 23:01
Crown Castle (CCI) reported $1.64 billion in revenue for the quarter ended March 2024, representing a year-over-year decline of 7.5%. EPS of $1.72 for the same period compares to $0.97 a year ago.The reported revenue represents a surprise of +0.78% over the Zacks Consensus Estimate of $1.63 billion. With the consensus EPS estimate being $1.71, the EPS surprise was +0.58%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine the ...
Crown Castle (CCI) Tops Q1 FFO and Revenue Estimates
Zacks Investment Research· 2024-04-17 22:41
Crown Castle (CCI) came out with quarterly funds from operations (FFO) of $1.72 per share, beating the Zacks Consensus Estimate of $1.71 per share. This compares to FFO of $1.91 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 0.58%. A quarter ago, it was expected that this operator of wireless communications towers would post FFO of $1.79 per share when it actually produced FFO of $1.82, delivering a surprise of 1.68%.Over the last ...