CCI News and Press, Crown Castle International Corp. From 07/20/23

2023-07-20 10:20:11 ET Summary Crown Castle, a leading infrastructure REIT, owns and leases critical communications assets in the US, playing a key role in the transition to 5G technology. The 4% fall in the company's shares after its 2Q23 results is a market overreaction and repr...

2023-07-20 09:09:29 ET Summary The herding effect continues to be the main driver of the market. Capitalize on investment trends caused by herding behavior. Avoid existential risks from potential competitors. Choose the ultimate "picks and shovels" play instead. Algo...

2023-07-19 16:30:16 ET Crown Castle ( NYSE: CCI ) lowered its 2023 outlook for adjusted funds from operations due to anticipated lower tower activity for the rest of the year, the cell tower REIT said on Wednesday. The company expects 2023 adjusted FFO per share of $7.50-$7.58...

2023-07-19 16:18:03 ET Crown Castle press release ( NYSE: CCI ): Q2 FFO of $2.05 beats by $0.04 . Revenue of $1.87B (+8.1% Y/Y) beats by $10M . FY23 Guidance: Site rental revenues of $6.51B unchanged from prior outlook, AFFO per share of $7.54 down from prior o...

HOUSTON, July 19, 2023 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") today reported results for the second quarter ended June 30, 2023 and updated its full year 2023 outlook, as reflected in the table below. "We delivered second quarter results in line with...

HOUSTON, July 19, 2023 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle" or the "Company") announced today the release of its 2022 Environmental, Social and Governance ("ESG") Report and updates to its ESG website, which can be found at www.crowncastle.com/esg . "As we pro...

2023-07-18 13:10:28 ET Telecom tower REIT Crown Castle ( NYSE: CCI ) is scheduled to announce FQ2 earnings results on Wednesday, July 19th, after market close. The consensus FFO estimate is $2.01 (+3.48% Y/Y) and the consensus revenue estimate is $1.86B (+7.04% Y/Y). ...

2023-07-16 09:00:00 ET Summary U.S. equity markets advanced to their highest levels of the year on an "inflation week" rally after the closely-watched CPI and PPI reports showed a continued sharp cooldown in price pressures. Closing at the highest levels since April 2022, the S&am...

2023-07-14 15:26:16 ET Summary Each REIT looks too cheap to me. Most of these already are in my portfolio. There's an emphasis on quality. No trash gets thrown in for having a big yield. There are some REITs you should be considering: Camden Property Trust ( ...

2023-07-14 14:00:56 ET Earnings season picks up steam in mid-July, with a flurry of releases from some of the world's most prominent companies. This includes Elon Musk's EV giant Tesla ( NASDAQ: TSLA ). The lineup also features major banks, pharmaceutical firms, prominent airlin...