earnings
confidence medium
sentiment negative
materiality 0.65
Crown Castle reports Q1 results, maintains FY2024 outlook; net income forecast $1.25B, down 17%
CROWN CASTLE INC.
2024-Q1 EPS reported
$0.71
revenue$1,641,000,000
- Full-year 2024 outlook reaffirmed: site rental revenues $6.37B, net income $1.25B, AFFO per share $6.91.
- Compared to FY2023 actuals, net income expected to decline 17% and site rental revenues down 2%.
- Outlook unchanged from previous guidance issued January 24, 2024.
- Supplemental information package with Q1 details posted on company website.