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.
Crown Castle (CCI) Down 8.3% Since Last Earnings Report: Can It Rebound?
Read MoreHide Full Article
It has been about a month since the last earnings report for Crown Castle (CCI - Free Report) . Shares have lost about 8.3% in that time frame, underperforming the S&P 500.
But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Crown Castle due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.
Crown Castle reported third-quarter 2025 adjusted funds from operations (AFFO) per share of $1.12, which beat the Zacks Consensus Estimate of $1.04. However, the figure declined nearly 7% year over year.
Results reflected a rise in services and other revenues year over year. However, a decrease in site rental revenues affected the results to some extent. The company increased its outlook for 2025.
Net revenues of $1.07 billion outpaced the Zacks Consensus Estimate of $1.05 billion but fell 4.3% year over year.
Key Earnings Takeaways
During the third quarter, Crown Castle’s total site rental revenues declined 5.1% year over year to $1.01 billion. This fall was due to a $17 million decrease in amortization of prepaid rent and a $39 million drop in straight-lined revenues. Our estimate for total site-rental revenues was pegged at $995 million.
The organic contribution to site rental billings of $52 million reflected 5.2% year-over-year organic growth, excluding an unfavorable $51 million impact from Sprint Cancellations.
Meanwhile, services and other revenues came in at $60 million, which rose 11.1% from the prior-year quarter. Our estimate for services and other revenues was pegged at $54.9 million.
Quarterly adjusted EBITDA was down 7.6% year over year to $718 million.
Net interest expenses and amortization of deferred financing costs rose 4.7% year over year to $247 million.
Financial Position
Crown Castle exited the third quarter with cash and cash equivalents of $57 million, down from $94 million reported as of June 30, 2025.
Moreover, debt and other long-term obligations aggregated $21.55 billion as of Sept. 30, 2025, decreasing 2.2% sequentially.
2025 Guidance
Crown Castle raised its 2025 AFFO per share guidance in the range of $4.23-$4.35 compared to the prior guidance of $4.14-$4.25, increasing the midpoint by 2.1%.
The company increased the site rental revenue range to $4.007-$4.052 billion compared to the previous range of $3.997-$4.042 billion. Adjusted EBITDA is estimated in the band of $2.810-$2.860 billion, up from the prior range of $2.780-$2.830 billion.
How Have Estimates Been Moving Since Then?
It turns out, estimates review flatlined during the past month.
VGM Scores
At this time, Crown Castle has a subpar Growth Score of D, a grade with the same score on the momentum front. Charting a somewhat similar path, the stock has a score of C on the value side, putting it in the middle 20% for this investment strategy.
Overall, the stock has an aggregate VGM Score of F. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook
Crown Castle has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Crown Castle (CCI) Down 8.3% Since Last Earnings Report: Can It Rebound?
It has been about a month since the last earnings report for Crown Castle (CCI - Free Report) . Shares have lost about 8.3% in that time frame, underperforming the S&P 500.
But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Crown Castle due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.
Crown Castle's Q3 AFFO Beats, Revenues Fall Y/Y, '25 View Raised
Crown Castle reported third-quarter 2025 adjusted funds from operations (AFFO) per share of $1.12, which beat the Zacks Consensus Estimate of $1.04. However, the figure declined nearly 7% year over year.
Results reflected a rise in services and other revenues year over year. However, a decrease in site rental revenues affected the results to some extent. The company increased its outlook for 2025.
Net revenues of $1.07 billion outpaced the Zacks Consensus Estimate of $1.05 billion but fell 4.3% year over year.
Key Earnings Takeaways
During the third quarter, Crown Castle’s total site rental revenues declined 5.1% year over year to $1.01 billion. This fall was due to a $17 million decrease in amortization of prepaid rent and a $39 million drop in straight-lined revenues. Our estimate for total site-rental revenues was pegged at $995 million.
The organic contribution to site rental billings of $52 million reflected 5.2% year-over-year organic growth, excluding an unfavorable $51 million impact from Sprint Cancellations.
Meanwhile, services and other revenues came in at $60 million, which rose 11.1% from the prior-year quarter. Our estimate for services and other revenues was pegged at $54.9 million.
Quarterly adjusted EBITDA was down 7.6% year over year to $718 million.
Net interest expenses and amortization of deferred financing costs rose 4.7% year over year to $247 million.
Financial Position
Crown Castle exited the third quarter with cash and cash equivalents of $57 million, down from $94 million reported as of June 30, 2025.
Moreover, debt and other long-term obligations aggregated $21.55 billion as of Sept. 30, 2025, decreasing 2.2% sequentially.
2025 Guidance
Crown Castle raised its 2025 AFFO per share guidance in the range of $4.23-$4.35 compared to the prior guidance of $4.14-$4.25, increasing the midpoint by 2.1%.
The company increased the site rental revenue range to $4.007-$4.052 billion compared to the previous range of $3.997-$4.042 billion. Adjusted EBITDA is estimated in the band of $2.810-$2.860 billion, up from the prior range of $2.780-$2.830 billion.
How Have Estimates Been Moving Since Then?
It turns out, estimates review flatlined during the past month.
VGM Scores
At this time, Crown Castle has a subpar Growth Score of D, a grade with the same score on the momentum front. Charting a somewhat similar path, the stock has a score of C on the value side, putting it in the middle 20% for this investment strategy.
Overall, the stock has an aggregate VGM Score of F. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook
Crown Castle has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.