Crown Castle (NYSE:CCI) Releases Quarterly Earnings Results, Misses Estimates By $0.74 EPS
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2023-07-22 03:36
Crown Castle (NYSE:CCI) Releases Quarterly Earnings Results, Misses Estimates By $0.74 EPS
Crown Castle ( NYSE:CCI – Get Free Report ) posted its quarterly earnings results on Wednesday. The real estate investment trust reported $1.05 earnings per share for the quarter, missing the consensus estimate of $1.79 by ($0.74), Yahoo Finance reports. The business had revenue of $1.87 billion during the quarter, compared to analysts' expectations of $1.86 billion. Crown Castle had a return on equity of 22.12% and a net margin of 23.81%. The business's quarterly revenue was up 7.7% on a year-over-year basis.

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