Crown Castle Reports Second Quarter 2022 Results and Updates Outlook for Full Year 2022
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Crown Castle (CCI) PT Lowered to $198 at Jefferies
July 22, 2022 8:01 AM EDTJefferies analyst Jonathan Petersen lowered the price target on Crown Castle (NYSE: CCI) to $198.00 (from $200.00) while maintaining a Buy rating.
The analyst commented, "Demand for macro towers remains strong amidst ongoing 5G deployments. An inflection in small cell deployment is expected... More
Crown Castle (CCI) Reports Q2 FFO of $1.80
July 20, 2022 4:19 PM EDTCrown Castle (NYSE: CCI) reported Q2 FFO of $1.80, versus $1.71 reported last year. Revenue for the quarter came in at $1.73 billion versus the consensus estimate of $1.71 billion.
GUIDANCE:
Crown Castle sees FY2022 FFO of $7.31-$7.41.
For earnings history and earnings-related data on Crown Castle (CCI) click here.
... More