Cowen Cuts Price Target on Crown Castle (CCI) Following 2Q15
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Crown Castle Reports Second Quarter 2015 Results and Raises Outlook for 2015
July 22, 2015 4:05 PM EDTSECOND QUARTER 2015 HIGHLIGHTS
Exceeded the midpoint of previously provided Outlook, adjusted for the disposition of our Australian subsidiary, for Adjusted EBITDA, AFFO and AFFO per shareRaised full year 2015 Outlook for Adjusted EBITDA, AFFO and AFFO per shareEnhanced long-term growth profile through sale of Australian subsidiary and pending acquisition of SunesysGenerated Organic Site Rental Revenue growth of 10% year-over-year from new leasing activity and escalations on tenant leasesHOUSTON, July 22, 2015 (GLOBE NEWSWIRE) -- Â Crown Castle International Corp. (NYSE: CCI) ("Crown Castle")... More
