ZACKS·2026-02-05 18:05Core Insights - Crown Castle Inc. (CCI) reported fourth-quarter 2025 adjusted funds from operations (AFFO) per share of $1.12, exceeding the Zacks Consensus Estimate of $1.07 per share, but reflecting a year-over-year decline of nearly 6.7% [1] - The company's net revenues for the quarter were $1.07 billion, surpassing the Zacks Consensus Estimate of $1.05 billion, yet down 4.2% year over year [1] - For the full year 2025, CCI's AFFO per share was $4.36, a 4.2% decrease year over year, but above the Zacks Consensus Estimate of $4.30 [2] Revenue Breakdown - In Q4 2025, total site rental revenues decreased by 4.8% year over year to $1.02 billion, with an organic contribution to site rental billings of $47 million reflecting 17.5% year-over-year organic growth, excluding a $51 million negative impact from Sprint cancellations [3] - Services and other revenues increased by 8.2% year over year to $53 million [3] Financial Metrics - Quarterly adjusted EBITDA fell by 7.6% year over year to $718 million [3] - Net interest expenses and amortization of deferred financing costs rose by 2.5% year over year to $246 million [4] Financial Position - As of December 31, 2025, CCI had cash and cash equivalents of $99 million, up from $57 million as of September 30, 2025 [5] - Total debt and other long-term obligations stood at $21.55 billion, nearly unchanged sequentially [5] 2026 Guidance - CCI provided guidance for 2026 AFFO per share in the range of $4.38-$4.49, while the Zacks Consensus Estimate is currently at $4.77 [6] - The company projected site rental revenues between $3.828 billion and $3.873 billion, with adjusted EBITDA estimated in the range of $2.665 billion to $2.715 billion [6] - CCI currently holds a Zacks Rank 4 (Sell) [6]