secwatch.observer — SEC 8-K summary
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Issuer:     CROWN CASTLE INC. (CCI)
CIK:        0001051470
Form:       8-K
Filed at:   2023-10-18T23:59:59+00:00
Accession:  0001051470-23-000156
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Crown Castle issues FY2024 guidance with site rental rev down 2%, net income down 15%
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- FY2024 site rental revenue guidance $6,370M, down 2% from FY2023 actual $6,511M.
- FY2024 net income guidance $1,253M ($2.88 diluted EPS), down 15% from $1,469M ($3.38 EPS) in FY2023.
- FY2024 adjusted EBITDA guidance $4,163M, down 6%; AFFO $3,005M ($6.91/sh), down 8%.
- Guidance reflects a decline across all key metrics; full-year 2023 results based on nine months actual plus Q4 estimate.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1051470/000105147023000156/0001051470-23-000156-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1051470/000105147023000156/cci-20231018.htm
  HTML page:      https://secwatch.observer/filing/0001051470-23-000156

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer