Mark your calendars for Wednesday 16th October 2024, as Crown Castle (NYSE: CCI) is set to unveil its third quarter financial results. This highly anticipated announcement will be made after market close, giving investors and market participants a chance to assess the company's financial performance.
As per the projections made by financial experts on Wall Street, the company is expected to announce an estimated $0.67 profit per share for the quarter. Moreover, the firm is likely to disclose a quarterly revenue of $1.63 billion.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $1.77. This notable figure was achieved due to the company's impressive total revenue of $1.67 billion recorded during that specific period.
Analysts on Wall Street have shared their predictions regarding the annual performance of the company, estimating a total revenue of $6.54 billion. Additionally, they are expecting the company to achieve per share profit of $2.7 for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $1.62 | -21.0% | 1.63 B | -12.9% |
| Q1 2024 | $1.72 | -9.9% | 1.64 B | -7.4% |
| Q4 2023 | $1.82 | -1.6% | 1.67 B | -5.1% |
| Q3 2023 | $1.77 | -4.3% | 1.67 B | -4.5% |
| Q2 2023 | $2.05 | +13.9% | 1.87 B | +7.7% |
| *Growth on year-over-year basis | ||||
In addition, The firm will review the third quarter financial results on 16th October 2024 at 05:00 PM eastern time, in a conference call with public.
Crown Castle (CCI) closed Monday's regular trading session at $112.03, demonstrating a 1.10 percent upturn. During the day, CCI shares traded between $110.14 and $112.43, with a day volume of 1.28 million shares.
