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Crown Castle (CCI) Reports Q4 Earnings: What Key Metrics Have to Say
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Crown Castle (CCI - Free Report) reported $1.65 billion in revenue for the quarter ended December 2024, representing a year-over-year decline of 1.5%. EPS of $1.80 for the same period compares to $0.83 a year ago.
The reported revenue represents a surprise of +0.98% over the Zacks Consensus Estimate of $1.63 billion. With the consensus EPS estimate being $1.82, the EPS surprise was -1.10%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Crown Castle performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Ending Towers - Total: 40,000 versus 40,016 estimated by two analysts on average.
Revenues- Site rental: $1.60 billion versus the four-analyst average estimate of $1.58 billion. The reported number represents a year-over-year change of -0.4%.
Site rental revenues- Towers: $1.07 billion versus the four-analyst average estimate of $1.07 billion. The reported number represents a year-over-year change of -0.8%.
Site rental revenues- Fiber: $527 million versus $512.03 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +0.6% change.
Revenues- Services and other: $52 million compared to the $43.30 million average estimate based on four analysts. The reported number represents a change of -26.8% year over year.
Revenues- Fiber: $530 million compared to the $514.92 million average estimate based on three analysts. The reported number represents a change of 0% year over year.
Services and other revenues- Towers: $49 million versus $40.18 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -24.6% change.
Revenues- Towers: $1.12 billion versus $1.11 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -2.2% change.
Services and other revenues- Fiber: $3 million versus $3.55 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -50% change.
Services and other- Gross margin: $25 million compared to the $21.79 million average estimate based on two analysts.
Site rental- Gross margin: $1.17 billion compared to the $1.16 billion average estimate based on two analysts.
Shares of Crown Castle have returned +6.2% over the past month versus the Zacks S&P 500 composite's -7.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Crown Castle (CCI) Reports Q4 Earnings: What Key Metrics Have to Say
Crown Castle (CCI - Free Report) reported $1.65 billion in revenue for the quarter ended December 2024, representing a year-over-year decline of 1.5%. EPS of $1.80 for the same period compares to $0.83 a year ago.
The reported revenue represents a surprise of +0.98% over the Zacks Consensus Estimate of $1.63 billion. With the consensus EPS estimate being $1.82, the EPS surprise was -1.10%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Crown Castle performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Ending Towers - Total: 40,000 versus 40,016 estimated by two analysts on average.
- Revenues- Site rental: $1.60 billion versus the four-analyst average estimate of $1.58 billion. The reported number represents a year-over-year change of -0.4%.
- Site rental revenues- Towers: $1.07 billion versus the four-analyst average estimate of $1.07 billion. The reported number represents a year-over-year change of -0.8%.
- Site rental revenues- Fiber: $527 million versus $512.03 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +0.6% change.
- Revenues- Services and other: $52 million compared to the $43.30 million average estimate based on four analysts. The reported number represents a change of -26.8% year over year.
- Revenues- Fiber: $530 million compared to the $514.92 million average estimate based on three analysts. The reported number represents a change of 0% year over year.
- Services and other revenues- Towers: $49 million versus $40.18 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -24.6% change.
- Revenues- Towers: $1.12 billion versus $1.11 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -2.2% change.
- Services and other revenues- Fiber: $3 million versus $3.55 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -50% change.
- Services and other- Gross margin: $25 million compared to the $21.79 million average estimate based on two analysts.
- Site rental- Gross margin: $1.17 billion compared to the $1.16 billion average estimate based on two analysts.
View all Key Company Metrics for Crown Castle here>>>Shares of Crown Castle have returned +6.2% over the past month versus the Zacks S&P 500 composite's -7.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.