We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Crown Castle Inc | NYSE:CCI | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.23 | 0.24% | 96.15 | 97.90 | 95.66 | 96.93 | 3,120,170 | 01:00:00 |
From May 2019 to May 2024
By Bowdeya Tweh
Crown Castle International Corp. (CCI) raised its profit and revenue targets for this year after the cell-tower operator posted a stronger-than-expected profit in its latest period.
Crown Castle on Wednesday said its fourth-quarter profit more than doubled from a year earlier to $213 million, or 44 cents a share. Adjusted funds from operations rose 15% to $591 million.
Stronger site rental revenue helped the Houston-based company offset a rise in operating expenses. Overall, revenue rose 15% to $1.42 billion.
Analysts polled by FactSet expected a profit of $178.3 million on revenue of $1.4 billion.
For 2019, Crown Castle expects to post a profit between $781 million and $861 million, up from its prior forecast of between $738 million and $818 million. Crown Castle also guided rental revenue of $4.94 billion to $4.99 billion, compared with an earlier range of $4.89 billion to $4.94 billion.
Write to Bowdeya Tweh at bowdeya.tweh@wsj.com
(END) Dow Jones Newswires
January 23, 2019 17:15 ET (22:15 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
1 Year Crown Castle Chart |
1 Month Crown Castle Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
