Revenue segments as reported by the company.

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Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Crown Castle International

Crown Castle, Inc. is a real estate investment trust company, which engages in the provision of access to wireless infrastructure via long-term contacts. It operates through the following segments: Towers and Fiber. The Towers segment offers access, including space or capacity towers dispersed throughout the United States. The Fiber segment covers access, including space or capacity of fiber primarily supporting small cell networks and fiber solutions. The company was founded by Ted B. Miller Jr. and Edward C. Hutcheson Jr. in 1994 and is headquartered in Houston, TX.

Earnings data Q1 2021

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Earnings data Q1 2024

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Crown Castle International poised for growth in 2023 amid 5G investments

Crown Castle International's strong performance in 2022 sets the stage for continued growth in 2023, with a focus on 5G investment and expanding small cell deployments. While facing challenges in managing deployment expectations, the company's disciplined approach to acquisitions and focus on high returns position them well for future opportunities. With good demand across all business lines, Crown Castle remains optimistic about sustained growth and revenue stability.

Crown Castle International (CCI) reports solid Q1 performance and eyes 5G growth opportunities

Crown Castle International (CCI) delivers strong financial performance in Q1 2023, emphasizing stability and growth. With a focus on shared infrastructure and long-term dividend growth, CCI navigates challenges like regulatory changes and inflation while capitalizing on opportunities in the 5G market.

Crown Castle International faces tower activity slowdown, focuses on resilience

Crown Castle International navigates a challenging landscape with tower activity slowdown and rising interest rates impacting 2023 outlook. The company's focus on small cells, fiber, and long-term customer agreements provides revenue resilience. Opportunities lie in future small cell deployment strategies and cost-cutting measures to drive efficiency.

CCI maintains strong outlook for 2024 amidst industry changes

CCI anticipates strong growth in 2024 despite industry changes. Cost management and workforce restructuring have led to significant savings. The company is well-positioned to capitalize on opportunities and fund investments without issuing equity.

Crown Castle International reports solid Q4 results amidst strategic challenges

CCI's Q4 2023 performance reflects revenue growth in key segments but anticipates challenges in 2024, requiring strategic adjustments for sustained success.
The company's strengths lie in financial stability, operational efficiency initiatives, and a commitment to enhancing returns through strategic reviews.
While facing challenges such as revenue declines and organizational changes, CCI has opportunities to optimize operations, capitalize on market trends, and drive growth.

Crown Castle International (CCI) reports strong Q2 performance and strategic reviews

CCI's Q2 2024 performance showcased strength across all business segments with a focus on profitability and efficiency.
Operational changes and cost-saving initiatives are expected to drive growth and enhance shareholder value in the long term.
Guidance for 2025 to be provided in January, aligning with industry standards, while strategic reviews offer potential for maximizing shareholder value.

Crown Castle reports solid Q3 performance amidst strategic changes

Crown Castle's Q3 2024 performance showcased strength in organic growth and operational efficiency, despite challenges in net income outlook and strategic reviews.
The company's strategic organizational changes and cost-saving initiatives position it well to navigate market dynamics and capture future growth opportunities.
With a focus on meeting customer needs and accelerating digitization efforts, Crown Castle remains poised to capitalize on the increasing demand for assets in the telecommunications sector.

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Crown Castle, Inc. engages in the business of owning, operating, and leasing shared communications infrastructure. It operates through the following segments: Towers, Fiber, and Other. The Towers segment focuses on providing coverage and capacity for wireless carrier network deployments. The Fiber segment includes communications infrastructure offerings of small cells and fiber solutions. The Other segment is involved in corporate assets such as cash and cash equivalents. The company was founded by Ted B. Miller Jr. and Edward C. Hutcheson Jr. in 1994 and is headquartered in Houston, TX.

Details Crown Castle Board's Track Record of Poor Judgement, Resulting in Years of TSR and Stock Price Underperformance, Debt-Fueled Dividend, Mishandled CEO Succession, Loss of Talent, and Operational Missteps Boots Capital's Nominees Fill the Tower Operating Expertise that is Sorely Missing From and Desperately Needed on CCI's Board Boots Capital's Nominees are Committed to Working Collaboratively with the Board and Focused on Enhancing Operational Excellence and Unlocking Meaningful Value for all Shareholders Urges Shareholders to Vote the GOLD Proxy Card "FOR" Boots Capital's Four Nominees and "WITHHOLD" on ALL Crown Castle Nominees View the Presentation at RebootCrownCastle.com HOUSTON , May 1, 2024 /PRNewswire/ -- Boots Capital Management, LLC ("Boots Capital"), an investment vehicle led by Ted B. Miller, co-founder and former Chief Executive Officer of Crown Castle Inc., (NYSE: CCI) ("Crown Castle" or the "Company"), today released a presentation highlighting why change to Crown Castle's Board of Directors (the "Board") is urgently needed, and detailing how Boots Capital's four nominees, Ted B.

Board Change at Crown Castle is Needed Urgently: Boots Capital Releases Investor Presentation

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Urges Shareholders to Vote “FOR” ONLY Crown Castle's 12 Qualified and Experienced Director Nominees on the WHITE Proxy Card

Crown Castle Highlights Actions its Board Has Implemented to Successfully Strengthen Foundation and Position Company for Long-Term Value Creation

Urges Shareholders to Vote the GOLD Proxy Card "FOR" Boots Capital's Four Highly Qualified Director Nominees – Ted Miller, Charles Green, David Wheeler, and Tripp Rice – and "WITHHOLD" on ALL Crown Castle Nominees Files Definitive Proxy Materials and Mails Letter to Crown Castle Shareholders Launches www.RebootCrownCastle.com HOUSTON , April 22, 2024 /PRNewswire/ -- Ted B. Miller, co-founder and former Executive Chairman & Chief Executive Officer of Crown Castle Inc., (NYSE: CCI) ("Crown Castle" or the "Company") and his investment vehicle Boots Capital Management, LLC ("Boots Capital") today filed definitive proxy materials with the Securities and Exchange Commission ("SEC") for the election of Ted B.

BOOTS CAPITAL HIGHLIGHTS CROWN CASTLE'S SIGNIFICANT DESTRUCTION OF SHAREHOLDER VALUE AND FAILED OPERATIONAL STRATEGY DUE TO INEFFECTIVE LEADERSHIP

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Investors interested in REIT and Equity Trust - Other stocks are likely familiar with Outfront Media (OUT) and Crown Castle (CCI). But which of these two stocks presents investors with the better value opportunity right now?

OUT vs. CCI: Which Stock Is the Better Value Option?

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SBA Communications

Communication has come a long way since the dawn of time, from limited means of visuals and sounds to the development of written language. Slow communication in the past led to battles being fought even after wars had been settled, such as the Battle of New Orleans in 1815. American Tower, Crown Castle, and SBA Communications are three leading cell tower REITs that offer stable cash flows and outsized total return prospects.

It's Tower Time

HOUSTON, April 19, 2024 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) (“Crown Castle” or the “Company”) today issued the following statement:

Crown Castle Issues Statement Regarding Ted Miller's Latest Attempt to Disrupt the Company's Momentum

Crown Castle's (CCI) Q1 results outshine estimates on better-than-anticipated revenues. However, high interest expense is a concern.

Crown Castle's (CCI) Q1 AFFO & Revenues Surpass Estimates

Crown Castle's (CCI) Q1 earnings outshine estimates. Site rental revenues fall year over year, hurting the top line.

Crown Castle's (CCI) Q1 AFFO Beat, Site-Rental Revenues Fall

Crown Castle Inc. (NYSE:CCI ) Q1 2024 Earnings Conference Call April 17, 2024 5:00 PM ET Company Participants Kris Hinson - VP, Corporate Finance & Treasurer Robert Bartolo - Chair Steven Moskowitz - President & CEO Daniel Schlanger - CFO Tony Melone - Interim President & CEO Conference Call Participants Michael Rollins - Citi Jonathan Atkin - RBC Markets Ric Prentiss - Raymond James Simon Flannery - Morgan Stanley Nick Del Deo - MoffettNathanson David Barden - Bank of America Richard Choe - JPMorgan Matt Niknam - Deutsche Bank Batya Levi - UBS Brendan Lynch - Barclays Brandon Nispel - KeyBanc Capital Markets Operator Hello, and welcome to the Crown Castle First Quarter 2024 Earnings Call. All participants will be in listen-only mode.

Crown Castle Inc. (CCI) Q1 2024 Earnings Call Transcript

While the top- and bottom-line numbers for Crown Castle (CCI) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Crown Castle (CCI) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

Crown Castle (CCI) came out with quarterly funds from operations (FFO) of $1.72 per share, beating the Zacks Consensus Estimate of $1.71 per share. This compares to FFO of $1.91 per share a year ago.

Crown Castle (CCI) Tops Q1 FFO and Revenue Estimates

Wireless tower operator Crown Castle beat Wall Street estimates for first-quarter site rental revenue on Wednesday, helped by steady demand for its wireless infrastructure services.

Crown Castle beats site rental revenue estimates on steady demand

HOUSTON, April 17, 2024 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") today reported results for the first quarter ended March 31, 2024 and maintained its full year 2024 outlook, as reflected in the table below.

Crown Castle Reports First Quarter 2024 Results and Maintains Outlook for Full Year 2024

A slowdown in tower activity and elevated interest expenses in the to-be-reported quarter are likely to have impacted Crown Castle's (CCI) performance.

What's in Store for Crown Castle (CCI) This Earnings Season

This is the Second Time the Board's Actions Have Presented a "Colorable Claim" Under Delaware Law Crown Castle's Board of Directors Have Shown Blatant and Cynical Disregard for Shareholders and the Delaware Court Actions Highlight Years of Governance and Strategic Blunders That Have Cost Shareholders Tens of Billions of Dollars in Value Court of Chancery Grants Discovery to Boots Capital Management to Investigate Whether Crown Castle Had "Legitimate Corporate Purpose" to Expand Board from 12 to 13 Seats Court of Chancery to Hold Hearing in Early May to Assess Potential Shareholder Remedies, Including Potential Delay of Annual Meeting to Permit Adding 5th Nominee to Boots Capital Management 4-Person Slate Court of Chancery Had Requested on March 8 That Crown Castle Give Prior Notice to Boots Capital Management of Major Corporate Developments,1  An Instruction That, in Boots Capital Management's View, The Board Ignored When It Expanded the Board From 12 to 13 Ted B. Miller and Nominees of Boots Capital Management Call on Shareholders to Directly Address the Crown Castle Board for Its Willful Disregard of Shareholders and the Court Boots Capital Remains Supportive of Appointment of New CEO Steven J.

Delaware Court of Chancery Grants Expedition and Discovery in Hearing on Company's Last-Minute Expansion of Board

Event-driven surges are often mispriced as sustaining growth, presenting opportunities for investors. The market is skilled at pricing cyclicality but struggles to properly adjust multiples for event-driven surges. Crown Castle is currently mispriced due to a misinterpreted event-driven surge caused by the Sprint-T-Mobile merger.

Event-Driven Surge Misinterpreted As Secular Forms Opportunity At Crown Castle

Crown Castle stock has declined by around 10% since December 2023 due to expected weak financial performance in Q1 and full fiscal 2024. Despite the decline, Crown Castle is expected to continue demonstrating organic growth and is currently undervalued by around 30%. The stock offers a compelling 6.5% forward dividend yield, making it a solid long-term dividend opportunity.

Crown Castle Q1 Earnings Preview: Patience Is The Key

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Besides Wall Street's top -and-bottom-line estimates for Crown Castle (CCI), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2024.

Exploring Analyst Estimates for Crown Castle (CCI) Q1 Earnings, Beyond Revenue and EPS

HOUSTON , April 11, 2024 /PRNewswire/ -- Ted B. Miller, co-founder and former Executive Chairman & Chief Executive Officer of Crown Castle Inc., (NYSE: CCI) ("Crown Castle" or the "Company") and his investment vehicle Boots Capital Management, LLC ("Boots Capital") today issued the following statement regarding Crown Castle's appointment of Steven J.

Ted B. Miller Statement on Crown Castle Appointment of Steven J. Moskowitz as President and Chief Executive Officer

Files Definitive Proxy Materials and Mails Letter to Shareholders Urges Shareholders to Vote “FOR” Only Crown Castle's 13 Qualified and Experienced Nominees on the WHITE Proxy Card Ted Miller is Seeking De Facto Control of the Company by Installing Himself as Executive Chair and Appointing His Family and Friends to the Board HOUSTON, April 11, 2024 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) (“Crown Castle” or the “Company”) today announced that it has filed definitive proxy materials with the Securities and Exchange Commission (“SEC”) in connection with its upcoming 2024 Annual Meeting of Shareholders (the “2024 Annual Meeting”) scheduled for May 22, 2024. Shareholders of record as of the close of business on March 28, 2024 are entitled to vote at the 2024 Annual Meeting.

Crown Castle Highlights Actions Underway to Create Stronger and More Valuable Company

Wireless tower operator Crown Castle has named Steven Moskowitz as its chief executive, effective April 11.

Crown Castle names Steven Moskowitz as CEO

Moskowitz Brings 25+ Years of Tower Industry Experience and Proven Track Record of Value Creation Moskowitz Brings 25+ Years of Tower Industry Experience and Proven Track Record of Value Creation

Crown Castle Appoints Tower Industry Veteran Steven J. Moskowitz as President and Chief Executive Officer

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