Crown Castle Reports First Quarter 2019 Results and Maintains Outlook for Full Year 2019
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Crown Castle (CCI) Tops Q1 EPS by 4c, Revenues Beat; Maintains Outlook for 2019
April 17, 2019 4:19 PM EDTCrown Castle (NYSE: CCI) reported Q1 EPS of $0.44, $0.04 better than the analyst estimate of $0.40. Revenue for the quarter came in at $1.43 billion versus the consensus estimate of $1.39 billion.
"In the first quarter, we delivered solid results that were in line with our expectations, positioning us well to generate attractive growth in cash flows and dividends per share for the full year 2019," stated Jay Brown, Crown Castles Chief Executive Officer. "This continued growth reflects the strong fundamentals we see across our business, including our major customers spending to improve their current... More
