earnings
confidence low
sentiment negative
materiality 0.65
Crown Castle reports Q2, maintains FY2024 outlook: site rental rev $6.34B, AFFO/PS $6.97
CROWN CASTLE INC.
2024-Q2 EPS reported
$1.29
revenue$3,267,000,000
- FY2024 site rental revenue guidance midpoint $6,340M, down 3% from 2023 actual $6,532M.
- FY2024 net income guidance $1,158M ($2.67 per diluted share), down 23% YoY from $1,502M.
- FY2024 AFFO per share guided to $6.97, down 8% from $7.55; Adj. EBITDA $4,168M (-6%).
- Specific Q2 results not provided in available exhibits; only full-year outlook table furnished.