Crown Castle Reports Second Quarter 2022 Results and Updates Outlook for Full Year 2022

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Go back to Crown Castle Reports Second Quarter 2022 Results and Updates Outlook for Full Year 2022

Crown Castle (CCI) PT Lowered to $198 at Jefferies

July 22, 2022 8:01 AM EDT

Jefferies 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 EDT

Crown 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