We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
What's in Store for Crown Castle Stock This Earnings Season?
Read MoreHide Full Article
Key Takeaways
CCI's Q2 revenues are expected to drop 36.2% year over year to $1.04 billion.
Tower site rental revenues are projected to fall 7.6%, while services revenues may rise nearly 20%.
Estimated Q2 AFFO per share of $1.00 reflects a 38.3% year-over-year decline.
Crown Castle Inc. (CCI - Free Report) is scheduled to release its second-quarter 2025 results on July 23, after the closing bell. In anticipation of the announcement, industry analysts and investors are eager to assess the company's performance and prospects in the current economic climate.
In the last reported quarter, this Houston, TX-based real estate investment trust’s (REIT) adjusted funds from operations (AFFO) per share outpaced the Zacks Consensus Estimate by 7.8%. Results reflected a rise in services and other revenues year over year. However, a decline in site rental revenues affected the results to some extent.
Over the preceding four quarters, CCI’s AFFO per share surpassed estimates on two occasions and missed in the remaining periods, with the average surprise being 1.79%. This is depicted in the graph below:
Let’s see how things have shaped up before this announcement.
Factors to Consider Ahead of CCI’s Results
Crown Castle has an unmatched portfolio of wireless communication infrastructure assets in the United States. As wireless data consumption is expected to increase significantly over the next few years, service providers will likely continue their network expansion and densification efforts to meet this incremental demand.
However, customer concentration remains a concern. Any loss of its customers or consolidation among them is likely to have impacted the company’s top line. Also, high interest expenses are likely to have been a spoilsport for CCI during the to-be-reported quarter.
Projections for Q2
The Zacks Consensus Estimate for second-quarter revenues is pegged at $1.04 billion, indicating a decrease of 36.2% from the year-ago reported number.
Our estimate for quarterly tower site rental revenues stands at $983.5 million, implying a 7.6% decrease year over year. However, we estimate tower services and other revenues to increase 19.7% year over year to $51.5 million.
We expect second-quarter 2025 interest expenses and amortization of deferred financing costs to rise 7.5% year over year.
Crown Castle’s activities in the to-be-reported quarter were inadequate to garner analysts’ confidence. The Zacks Consensus Estimate for quarterly AFFO per share has been revised a cent downward to $1.00 over the past three months. The figure indicates 38.3% decrease from the prior-year quarter’s reported figure.
What Our Quantitative Model Predicts
Our proven model does not conclusively predict a surprise in terms of AFFO per share for Crown Castle this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an AFFO beat, which is not the case here.
Crown Castle currently has an Earnings ESP of 0.00% and a Zacks Rank of 3. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Stocks That Warrant a Look
Here are two stocks from the broader REIT industry — American Tower (AMT - Free Report) and Vornado Realty Trust (VNO - Free Report) — that you may want to consider, as our model shows that these have the right combination of elements to report a surprise this quarter.
Vornado is slated to report quarterly numbers on Aug. 4. VNO has an Earnings ESP of +2.83% and carries a Zacks Rank of 3 at present.
Note: Anything related to earnings presented in this write-up represents funds from operations (FFO), a widely used metric to gauge the performance of REITs.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
What's in Store for Crown Castle Stock This Earnings Season?
Key Takeaways
Crown Castle Inc. (CCI - Free Report) is scheduled to release its second-quarter 2025 results on July 23, after the closing bell. In anticipation of the announcement, industry analysts and investors are eager to assess the company's performance and prospects in the current economic climate.
In the last reported quarter, this Houston, TX-based real estate investment trust’s (REIT) adjusted funds from operations (AFFO) per share outpaced the Zacks Consensus Estimate by 7.8%. Results reflected a rise in services and other revenues year over year. However, a decline in site rental revenues affected the results to some extent.
Over the preceding four quarters, CCI’s AFFO per share surpassed estimates on two occasions and missed in the remaining periods, with the average surprise being 1.79%. This is depicted in the graph below:
Crown Castle Inc. Price and EPS Surprise
Crown Castle Inc. price-eps-surprise | Crown Castle Inc. Quote
Let’s see how things have shaped up before this announcement.
Factors to Consider Ahead of CCI’s Results
Crown Castle has an unmatched portfolio of wireless communication infrastructure assets in the United States. As wireless data consumption is expected to increase significantly over the next few years, service providers will likely continue their network expansion and densification efforts to meet this incremental demand.
However, customer concentration remains a concern. Any loss of its customers or consolidation among them is likely to have impacted the company’s top line. Also, high interest expenses are likely to have been a spoilsport for CCI during the to-be-reported quarter.
Projections for Q2
The Zacks Consensus Estimate for second-quarter revenues is pegged at $1.04 billion, indicating a decrease of 36.2% from the year-ago reported number.
Our estimate for quarterly tower site rental revenues stands at $983.5 million, implying a 7.6% decrease year over year. However, we estimate tower services and other revenues to increase 19.7% year over year to $51.5 million.
We expect second-quarter 2025 interest expenses and amortization of deferred financing costs to rise 7.5% year over year.
Crown Castle’s activities in the to-be-reported quarter were inadequate to garner analysts’ confidence. The Zacks Consensus Estimate for quarterly AFFO per share has been revised a cent downward to $1.00 over the past three months. The figure indicates 38.3% decrease from the prior-year quarter’s reported figure.
What Our Quantitative Model Predicts
Our proven model does not conclusively predict a surprise in terms of AFFO per share for Crown Castle this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an AFFO beat, which is not the case here.
Crown Castle currently has an Earnings ESP of 0.00% and a Zacks Rank of 3. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Stocks That Warrant a Look
Here are two stocks from the broader REIT industry — American Tower (AMT - Free Report) and Vornado Realty Trust (VNO - Free Report) — that you may want to consider, as our model shows that these have the right combination of elements to report a surprise this quarter.
AMT, scheduled to report quarterly numbers on July 29, has an Earnings ESP of +1.08% and a Zacks Rank of 2. You can see the complete list of today’s Zacks #1 Rank stocks here.
Vornado is slated to report quarterly numbers on Aug. 4. VNO has an Earnings ESP of +2.83% and carries a Zacks Rank of 3 at present.
Note: Anything related to earnings presented in this write-up represents funds from operations (FFO), a widely used metric to gauge the performance of REITs.