Back to top

Crown Castle Misses on Earnings by a Penny, Guides Up

Read MoreHide Full Article

Crown Castle International Corporation (CCI - Free Report) reported mixed financial results for the first quarter of 2014 where the bottom line missed the Zacks Consensus Estimate while the top line surpassed the same.  However, despite the earnings miss, the company raised its outlook for fiscal 2014.

Net profit

Quarterly GAAP net income came in at approximately $90.5 million or 27 cents per share as compared with $15.5 million or 5 cents per share in the year-ago quarter. However, the reported earnings per share missed the Zacks Consensus Estimate by a penny.

More from Zacks Analyst Blog

You May Like