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Crown Castle International Corp (CCI) revealed a profit for its third quarter that increased from last year.


RTTNews | Oct 20, 2021 04:42PM EDT

16:41 Wednesday, October 20, 2021 (RTTNews.com) - Crown Castle International Corp (CCI) revealed a profit for its third quarter that increased from last year.

The company's earnings came in at $351 million, or $0.81 per share. This compares with $163 million, or $0.38 per share, in last year's third quarter.

Analysts had expected the company to earn $0.76 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 8.7% to $1.62 billion from $1.49 billion last year.

Crown Castle International Corp earnings at a glance:

-Earnings (Q3): $351 Mln. vs. $163 Mln. last year.-EPS (Q3): $0.81 vs. $0.38 last year.-Analysts Estimate: $0.76-Revenue (Q3): $1.62 Bln vs. $1.49 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3234129/crown-castle-international-corp-announces-gain-in-q3-profit-beats-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

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