Crown Castle Reports Second Quarter 2016 Results and Raises Outlook for Full Year 2016

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Crown Castle (CCI) Reports In-Line Q2 AFFO

July 21, 2016 4:39 PM EDT

Crown Castle (NYSE: CCI) reported Q2 AFFO of $1.16, in-line with the analyst estimate of $1.16. Revenue for the quarter came in at $962.4 million versus the consensus estimate of $948.85 million.

Raises outlook. Sees Q3 AFFO of $1.18-$1.19. FY AFFO of $4.68-$4.73.

"With the... More