Crown Castle Q1 Earnings Preview: Patience Is The Key

Imgorthand Investment thesis My previous bullish thesis about Crown Castle (NYSE:CCI) did not age well as the stock declined by around 10% since December 2023. The weak sentiment around the stock is due to the expected to deteriorate in Q1 and full fiscal 2024 financial performance. However, the major portion of the decline is expected by the last year's one-off favorable factors together with non-cash accounting entries of 2024. With the effect of these one-off events eliminated, CCI is expected to con ...