Crown Castle Reports Second Quarter 2015 Results and Raises Outlook for 2015
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Go back to Crown Castle Reports Second Quarter 2015 Results and Raises Outlook for 2015
July 24, 2015 7:53 AM EDT
Cowen reiterated an Outperform rating on Crown Castle (NYSE: CCI), and cut the price target to $91.00 (from $95.00), following 2Q15 results. Total revenue was $899.4MM vs. the Street's $932.7MM estimate. CCI raised its 2015 (mid-point) revenue outlook to $2.954B from $2.933B. AFFO per share was $1.03 vs. the Streets $1.06 estimate.
Analyst Colby Synesael commented, "Crown posted good 2Q15 results and raised revenue, EBITDA, and AFFO by 0.7%, 1.3%, and 1.0%... More
July 22, 2015 4:22 PM EDT
Crown Castle (NYSE: CCI) reported Q2 EPS of $1.22, $0.16 better than the analyst estimate of $1.06. Revenue for the quarter came in at $899 million versus the consensus estimate of $929.04 million.
Crown Castle sees FY2015 AFFO of $4.21-$4.25, versus the consensus of $4.34.
Crown Castle sees Q3... More
