Crown Castle Q3 AFFO beats estimates, revenue misses on lower site rentals
FROM THE WIRE · FINANCE.YAHOO.COM
Crown Castle Inc. CCI reported third-quarter 2026 adjusted funds from operations (AFFO) per share of $1.24, up 10.7% year over year. The metric surpassed the Zacks Consensus Estimate of $1.20 by 3.3%. Results benefited from lower interest expenses. Quarterly revenues of $995…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralPer-share AFFO beat expectations while revenue missed, a mixed read for the tower stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Third-quarter AFFO per share was $1.24, up 10.7% year over year.
- 02Revenue of $995 million fell 7.2% year over year and missed the $1.01 billion consensus.
- 03Site rental revenue declined due to a $61 million impact from DISH terminations.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Crown Castle Inc.78.89 USD-1.06%today +0.30%Neutral American Tower Corporation180.96 USD-0.63%today +1.87%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets