earnings
confidence high
sentiment positive
materiality 0.65
Crown Castle posts FY2022 site rental revenue +10%, AFFO +6%; maintains 2023 outlook
CROWN CASTLE INC.
2022-FY EPS reported
$3.86
revenue$6,986,000,000
- Full year 2022 site rental revenues $6,289M, up 10% YoY; AFFO $3,200M, up 6% YoY.
- Full year 2022 income from continuing operations $1,675M ($3.86 diluted EPS), up 45% YoY.
- 2023 outlook maintained: site rental revenue midpoint $6,511M (+4% YoY); AFFO midpoint $3,319M (+4%).
- Adjusted EBITDA for 2022 $4,340M (+14% YoY); 2023 EBITDA midpoint $4,472M (+3%).