Crown Castle International Corp (CCI) announced earnings for its second quarter that increased from last year.
RTTNews | Jul 21, 2021 04:48PM EDT
16:48 Wednesday, July 21, 2021 (RTTNews.com) - Crown Castle International Corp (CCI) announced earnings for its second quarter that increased from last year.
The company's bottom line totaled $334 million, or $0.77 per share. This compares with $172 million, or $0.41 per share, in last year's second quarter.
Excluding items, Crown Castle International Corp reported adjusted earnings of $741 million or $1.71 per share for the period.
Analysts had expected the company to earn $0.69 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 9.7% to $1.58 billion from $1.44 billion last year.
Crown Castle International Corp earnings at a glance:
-Earnings (Q2): $741 Mln. vs. $609 Mln. last year.-EPS (Q2): $1.71 vs. $1.45 last year.-Analysts Estimate: $0.69-Revenue (Q2): $1.58 Bln vs. $1.44 Bln last year.
-Guidance:Full year EPS guidance: $6.78 - 6.89Full year revenue guidance: $5,677 - $5,722 Mln
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