Loading…
Loading…
GOOG weighed down with higher capex spend, Intel and AMD push long-term deals, and more
Second-Quarter Organic Growth: 3.9% or $38 million, excluding Sprint cancellations and DISH terminations.Adjusted Funds From Operations (AFFO): Benefited from
Crown Castle Inc. (CCI) Q2 2026 Earnings Call Transcript
Crown Castle NYSE: CCI said it delivered “solid” second-quarter 2026 results, raised its full-year AFFO outlook and completed its transition into a pure-play U.S. tower operator following the sale of its small cell and fiber businesses.
Although the revenue and EPS for Crown Castle (CCI) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Crown Castle (CCI) came out with quarterly funds from operations (FFO) of $1.13 per share, beating the Zacks Consensus Estimate of $1 per share. This compares to FFO of $1.02 per share a year ago.
HOUSTON, July 22, 2026 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") today reported results for the second quarter ended June 30, 2026, and updated its full year 2026 Outlook, as reflected in the table below. (dollars in millions, except per share amounts) Current Full Year 2026 Outlook Midpoint(a) Full Year 2025 Actual % Change Previous Full Year 2026 Outlook(b) Current Compared to Previous Outlook Site rental revenues( c ) $ 3,855 $ 4,049 (5 )% $ 3,850 $ 5 Net income (loss) $ 870 $ 444 96 % $ 830 $ 40 Net income (loss) per share—diluted $ 2.02 $ 1.01 100 % $ 1.94 $ 0.08 Adjusted EBITDA( c )( d ) $ 2,690 $ 2,863 (6 )% $ 2,690 $ — AFFO( c )( d ) $ 1,975 $ 1,904 4 % $ 1,970 $ 5 AFFO per share( c )( d ) $ 4.59 $ 4.36 5 % $ 4.59 $ — (a) Reflects midpoint of full year 2026 Outlook as issued on July 22, 2026.
Crown Castle Inc. has declined to 2014-2016 levels, reflecting valuation compression and capital allocation missteps. CCI's fiber business sale was at $8.5 billion, well below its $20 billion capex. Current valuation and a 5.5% dividend yield make CCI attractive for income-focused strategies, especially via longer-dated covered calls.
SEC filings for CCI aren't indexed yet — common for recently launched funds. Browse the issuer's filings on SEC EDGAR directly.