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Crown Castle International Corp (CCI) reported a profit for third quarter that decreased from last year.


RTTNews | Oct 21, 2020 05:33PM EDT

17:33 Wednesday, October 21, 2020 (RTTNews.com) - Crown Castle International Corp (CCI) reported a profit for third quarter that decreased from last year.

The company's earnings totaled $163 million, or $0.38 per share. This compares with $214 million, or $0.51 per share, in last year's third quarter.

Excluding items, Crown Castle International Corp reported adjusted earnings of $668 million or $1.56 per share for the period.

The company's revenue for the quarter rose 0.7% to $1.49 billion from $1.48 billion last year.

Crown Castle International Corp earnings at a glance:

-Earnings (Q3): $668 Mln. vs. $617 Mln. last year.-EPS (Q3): $1.56 vs. $1.47 last year.-Revenue (Q3): $1.49 Bln vs. $1.48 Bln last year.

-Guidance:Full year EPS guidance: $6.07 to $6.11Full year revenue guidance: $5,307 to$5,327 Mln

Read the original article on RTTNews ( https://www.rttnews.com/3138144/crown-castle-international-corp-q3-adjusted-earnings-of-1-56-per-share.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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