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These Analysts Cut Their Forecasts On Crown Castle Following Q1 Results
Crown Castle Inc. (NYSE: CCI) reported upbeat first-quarter sales results on Wednesday.
Crown Castle posted quarterly AFFO per share of $1.72, in-line with market estimates. The company’s quarterly sales came in at $1.64 billion versus expectations of $1.63 billion, according to data from Benzinga Pro.
"I'm pleased the team was able to continue to serve our customers well and deliver solid financial and operating results in the first quarter, and we remain on track to meet our full year 2024 outlook," said Tony Melone, who served as Crown Castle's Interim President and Chief Executive Officer ("CEO"). "At the same ...