CCI

Crown Castle Inc. CCI is scheduled to release its second-quarter 2026 results on July 22, after the closing bell. In anticipation of the announcement, industry analysts and investors are eager to assess the company's performance and prospects in the current economic climate. In the last reported quarter, this Houston, TX-based real estate investment trust’s (REIT) adjusted funds from operations (AFFO) per share outpaced the Zacks Consensus Estimate by 0.99%. Results reflected a decline in site rental revenues. Over the preceding four quarters, CCI’s AFFO per share surpassed estimates on all occasions, with the average surprise being 3.84%. This is depicted in the graph below: Crown Castle Inc. price-eps-surprise | Crown Castle Inc. Quote Let’s see how things have shaped up before this announcement. Crown Castle has an unmatched portfolio of wireless communication infrastructure assets in the United States. As wireless data consumption is expected to increase significantly over the next few years, service providers are likely to have continued their network expansion and densification efforts to meet this incremental demand. However, customer concentration remains a concern. Any loss of its customers or consolidation among them is likely to have impacted the company’s top line. Rapid technology change and uneven carrier build cycles might also have increased revenue variability for site leasing and related services. The Zacks Consensus Estimate for second-quarter revenues is pegged at $992.9 million, indicating a decrease of 6.3% from the year-ago reported number. Our estimate for quarterly site rental revenues is pinned at $937.3 million, implying a 7% decrease year over year. However, we estimate services and other revenues to increase 2.3% year over year to $53.2 million. Crown Castle’s activities in the to-be-reported quarter were inadequate to garner analysts’ confidence. The Zacks Consensus Estimate for quarterly AFFO per share remained unchanged at $1.00 over the past three months. The estimate indicates a 2% decrease from the prior-year quarter’s reported figure. Our proven model does not conclusively predict a surprise in terms of AFFO per share for Crown Castle this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an AFFO beat, which is not the case here. Crown Castle c...

HOUSTON, June 30, 2026 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") plans to release its second quarter 2026 results on Wednesday, July 22, 2026, after the market closes. In conjunction with the release, Crown Castle has scheduled a conference call for Wednesday, July 22, 2026, at 5:00 p.m. eastern time. A listen only live audio webcast of the conference call, along with any supplemental materials, can be accessed on the Crown Castle website at https://investor.crowncastle.com. Participants may join the conference call by dialing 833-816-1115 (Toll Free) or 412-317-0694 (International) at least 30 minutes prior to the start time. All dial-in participants should ask to join the Crown Castle call. A replay of the webcast will be available on the Investor page of Crown Castle’s website until end of day, Thursday, July 22, 2027. ABOUT CROWN CASTLECrown Castle owns, operates and leases approximately 40,000 cell towers across the U.S. This nationwide portfolio serves as the foundation of wireless connectivity that provides cities and communities access to essential data, technology and wireless service – bringing information, ideas, innovations and the connectivity of modern life to help people and businesses thrive. For more information on Crown Castle, please visit www.crowncastle.com.

With a market cap of $36.1 billion, Crown Castle Inc. (CCI) owns and operates a nationwide communications infrastructure portfolio, including approximately 40,000 cell towers and 90,000 route miles of fiber across major U.S. markets. This extensive network connects cities and communities to essential wireless service, data, and technology, enabling the flow of information, ideas, and innovation to businesses and people nationwide. The wireless tower operator is expected to announce its fiscal Q2 2026 results soon. Ahead of the event, analysts forecast CCI to report an AFFO of $0.95 per share, down 6.9% from $1.02 per share in the year-ago quarter. However, it has consistently surpassed Wall Street's bottom-line estimates in the last four quarterly reports. Billionaire Mark Cuban Asks If AI ‘Collapses’ And Data Centers Turn Into ‘Chuck E Cheeses,’ Would That ‘Create A Revival Of Jobs?’ As Trump Doubles Down on Quantum Computing, This Is the Top-Performing Stock to Buy YTD Why Verizon, AT&T, and T-Mobile Should Be Terrified of Elon Musk’s Next Move Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! For fiscal 2026, analysts predict the Houston, Texas-based company to post AFFO of $4.22 per share, a decrease of 3.2% from $4.36 per share in fiscal 2025. Nevertheless, AFFO is projected to increase 12.8% year-over-year to $4.76 per share in fiscal 2027. CCI stock has declined 18.7% over the past 52 weeks, lagging behind the S&P 500 Index's ($SPX) 20.2% gain and the State Street Real Estate Select Sector SPDR ETF's (XLRE) 9.7% return over the same time frame. Shares of Crown Castle rose 1.8% following its Q1 2026 results on Apr. 22. The company reported stronger-than-expected AFFO per share came in at $1.02, site rental revenue reached $961 million, and adjusted EBITDA of $675 million. Investor sentiment was also supported by management reaffirming its full-year 2026 guidance, including AFFO per share of $4.38 - $4.49 (midpoint $4.44) and adjusted EBITDA of $2.67 billion - $2.72 billion, while highlighting progress on its transition to a pure-play tower REIT with the fiber and small-cell business sale expected to close in the first half of 2026. Analysts' consensus rating on CCI stock is cautiously optimistic overall, with a "Moderate Buy" rating. Among 21 analysts covering the stock, 10 recommend a "Strong Buy...

A month has gone by since the last earnings report for Innovative Industrial Properties (IIPR). Shares have lost about 3.9% in that time frame, underperforming the S&P 500. But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Innovative Industrial Properties due for a breakout? Well, first let's take a quick look at its most recent earnings report in order to get a better handle on the recent catalysts for Innovative Industrial Properties, Inc. before we dive into how investors and analysts have reacted as of late. Innovative Industrial Properties posted first-quarter 2026 AFFO of $1.88 per share, edging past the Zacks Consensus Estimate of $1.87. Total revenues came in at $69.0 million, topping the consensus mark by 3.1%. Results reflected steady leasing execution and a meaningful lift from interest and dividend income tied to the company’s IQHQ life science investment, even as revenues and FFO slipped year over year. Executed leases totaled 389,000 square feet year to date, supporting portfolio occupancy. Management emphasized leasing traction early in 2026. In January, the company executed a 204,000-square-foot full-building lease in Desert Hot Springs, CA, with Gramlin. It also executed a 5,000-square-foot lease in Palm Springs, CA, and a 56,000-square-foot full-building lease in Palm Springs with Gramlin, along with a 66,000-square-foot full-building lease in Dwight, IL, with Grown Rogue. The operating portfolio was 97.8% leased as of March 31, 2026, highlighting that re-tenanting progress has helped preserve utilization levels, even as certain tenants have remained under stress. The portfolio stood at 110 properties across 19 states and approximately 8.9 million rentable square feet. A major swing factor in the quarter was interest and other income, which rose to $6.3 million from $1.6 million in the first quarter of 2025. The company tied the increase largely to recognizing $5.5 million of interest and dividend income related to its financial investments in IQHQ. As of March 31, 2026, Innovative Industrial funded $150 million of its strategic IQHQ investment, comprising a fully funded $100 million revolving credit facility and $50 million of Series G preferred equity. After quarter-end, it funded an additional $25 million of Series G preferred equity and reiterated a remaining commi...

A month has gone by since the last earnings report for Welltower (WELL). Shares have added about 1% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Welltower due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the latest earnings report in order to get a better handle on the important drivers. Welltower reported first-quarter 2026 normalized FFO of $1.47 per share, topping the Zacks Consensus Estimate of $1.45 by 1.38%. Total revenues of $3.35 billion beat the consensus mark of $3.23 billion by 3.68% and rose 38.3% year over year. Results reflected continued strength in the SHO portfolio, where SSNOI growth remained robust and occupancy gains supported margin recovery. Total portfolio year-over-year SSNOI increased 16.4% in the quarter, led by SHO performance. Welltower’s top line was driven primarily by resident fees and services, reflecting the scale of its operating exposure. Resident fees and services rose 49.1% year over year to $2.78 billion in the first quarter, forming the bulk of total revenues. Other revenue lines were comparatively smaller and moved in a mixed fashion. Rental income slipped 1.7% year over year to $453.8 million, while interest income increased 13.5% to $70.9 million and other income rose 34% to $46.2 million. Welltower’s SHO portfolio delivered another quarter of outsized SSNOI growth. Same-store revenues rose 9.5% year over year to $1.72 billion, supported by a 370-basis-point occupancy gain to 89.0% in the first quarter of 2026. Operating leverage showed up in profitability and margins. Same-store operating expenses increased 4.7% to $1.19 billion, well below the pace of revenue growth, lifting SSNOI 22.1% to $531.8 million. SSNOI margin expanded to 30.9% from 27.7% a year ago, a 320-basis-point improvement. Capital allocation remained active. During the first quarter, Welltower completed $3.3 billion of pro rata gross investments and, year to date through April 28, 2026, closed or was under contract to close $10.5 billion of investment activity. The company also continued to recycle capital through dispositions and loan repayments. In the quarter, it completed $2.8 billion of pro rata dispositions and loan repayments, including $1.4 billion of outpatient medical dispositions,...

It has been about a month since the last earnings report for Alexandria Real Estate Equities (ARE). Shares have added about 20% in that time frame, outperforming the S&P 500. But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Alexandria Real Estate Equities due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Alexandria Real Estate Equities reported first-quarter 2026 AFFO per share of $1.73, in line with the Zacks Consensus Estimate. The metric declined 24.8% from $2.30 in the year-ago quarter. Total revenues came in at $671.0 million, down 11.5% year over year. The top line edged past the Zacks Consensus Estimate, delivering a revenue surprise of 0.35%. Results reflected solid tenant collections and continued leasing activity during the quarter. During the quarter, Alexandria executed 647,356 RSF of leasing, led by 380,687 RSF of renewals and re-leasing. Leasing of previously vacant space totaled 148,734 RSF, while development and redevelopment leasing contributed 117,935 RSF. Management also highlighted momentum after quarter-end, noting executed leases and/or letters of intent aggregating 276,188 RSF from April 1 through April 27, 2026, tied to the development and redevelopment pipeline. The company added that 72% of first-quarter leasing activity was generated from its existing tenant base. Alexandria continued to emphasize tenant quality and cash-flow visibility. As of March 31, 2026, investment-grade or publicly traded large-cap tenants represented 55% of annual rental revenues, in effect, supporting stability in a choppier demand backdrop for life science real estate. The company’s lease structure also remained geared toward embedded growth, with 97% of leases containing annual rent escalations. Weighted-average remaining lease term stood at 7.5 years for all tenants and 9.9 years for the top 20 tenants, reinforcing the long-duration nature of its contracted revenues. The company registered a negative rental rate of 15% during the quarter. On a cash basis, the rental rate decreased 15.8%. As of March 31, 2026, occupancy of operating properties was 87.7%, down 3.7% from the prior quarter and 4% from the year-ago quarter. Our es...

HOUSTON, May 20, 2026 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") announced today that its Board of Directors has declared a quarterly cash dividend of $1.0625 per common share. The quarterly dividend is payable on June 30, 2026, to common stockholders of record at the close of business on June 15, 2026. Future dividends are subject to the approval of Crown Castle's Board of Directors. ABOUT CROWN CASTLE Crown Castle owns, operates and leases approximately 40,000 cell towers across the U.S. This nationwide portfolio serves as the foundation of wireless connectivity that provides cities and communities access to essential data, technology and wireless service – bringing information, ideas, innovations and the connectivity of modern life to help people and businesses thrive. For more information on Crown Castle, please visit www.crowncastle.com.

Crown Castle says the sale of its small‑cell and fiber businesses is on track to close in the first half of 2026; management plans to use roughly $1 billion for share repurchases and about $7 billion to repay debt while keeping leverage in a 6–6.5x target range, with the full‑year outlook assuming a June 30 close. Management reiterated 2026 guidance after Q1 organic growth of 3.1% (3.6% excluding other billings declines) and reiterated midpoint targets of ~$3.9B site rental revenue, ~$2.7B adjusted EBITDA and ~$1.9B AFFO, with a post‑close AFFO midpoint of $2.1B; the company also expects about $65M in annualized cost savings and is pursuing land‑ownership and systems investments to boost margins. Crown Castle has terminated its 2020 agreement with DISH and amended litigation to add a breach‑of‑contract claim (including allegations against EchoStar), warning that a legal outcome or any government intervention could take at least a year. Interested in Crown Castle Inc.? Here are five stocks we like better. Tap Into 2026 AI Infrastructure Gains With This High-Growth ETF Crown Castle (NYSE:CCI) executives used the company’s first-quarter 2026 earnings call to highlight progress toward a transition to a standalone tower business, while reiterating full-year guidance and outlining priorities ranging from asset sales to cost reductions and litigation with DISH. President and CEO Christian Hillabrant said the company “delivered solid first-quarter results” and reiterated full-year 2026 guidance. He characterized 2026 as “a transformative year” as Crown Castle moves toward becoming “a best-in-class U.S. tower operator.” → Credo Stock Flashes Strong Bullish Signal—Upswing Just Starting 3 AI ETFs Tapping Into the Heart of the AI Revolution Vice President of Corporate Finance and Treasurer Kristoffer Hinson reminded investors that, because Crown Castle has an agreement to sell its fiber segment, the fiber segment is reported as discontinued operations. Consistent with last quarter, management said full-year 2026 outlook and first-quarter results do not include contributions from the former fiber segment, except as otherwise noted. Hillabrant said the company’s first priority is to conclude the sale of its small cell and fiber businesses, which he said “remains on track to close in the first half of 2026.” He added that Crown Castle has “received almost all required appr...

Management is transitioning Crown Castle into a stand-alone U.S. tower operator by divesting the fiber and small cell segments to maximize shareholder value. Performance attribution for the quarter was impacted by $49 million in DISH terminations and $5 million in Sprint cancellations, which management expects to represent a low point in organic growth. A comprehensive restructuring of tower and corporate organizations was executed to drive an anticipated $65 million reduction in annualized run-rate costs. Strategic positioning is being enhanced through benchmarking against competitors to improve customer satisfaction, cycle times, and operational excellence. The company is aggressively pursuing legal remedies against DISH and EchoStar to recover remaining contract payments following DISH's January payment default. Management is prioritizing land acquisitions under existing towers to improve long-term margins and increase operational control over core assets. The 2026 outlook assumes the fiber and small cell divestiture closes by June 30, with proceeds allocated to $7 billion in debt repayment and $1 billion in share repurchases. Management anticipates a second-half loaded growth profile driven by new colocations, amendments, and potential new tower build opportunities for customers. Strategic investments in systems and automation are expected to drive an additional margin improvement of well over 200 basis points over the next several years. The company is exploring opportunistic revenue streams such as 'Power as a Service' and edge compute trials utilizing existing tower shelter space and fiber backhaul. Long-term growth expectations are supported by upcoming auctions for over 800 megahertz of new spectrum beginning in 2027 and the eventual transition toward 6G network deployments. The fiber segment is now reported as discontinued operations, significantly altering the year-over-year comparability of financial statements. DISH litigation remains a primary uncertainty; management notes that a legal resolution will likely take at least one year to materialize. Increased capital expenditure guidance reflects a strategic shift toward increasing land ownership under the tower portfolio, with a goal to own between 30% and 40% of the land over the next several years to improve margins and operational control. Management addressed satellite-to-device technology, c...

Crown Castle (CCI) reported $1.01 billion in revenue for the quarter ended March 2026, representing a year-over-year decline of 4.8%. EPS of $1.02 for the same period compares to $0.65 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $1.01 billion, representing a surprise of +0.25%. The company delivered an EPS surprise of +1.49%, with the consensus EPS estimate being $1.01. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Crown Castle performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Revenues- Services and other: $49 million versus the three-analyst average estimate of $52.08 million. The reported number represents a year-over-year change of -2%. Revenues- Site rental: $961 million compared to the $941.63 million average estimate based on three analysts. The reported number represents a change of -5% year over year. Site rental- Gross margin: $721 million compared to the $695.3 million average estimate based on three analysts. Net Earnings Per Share (Diluted): $0.34 versus $0.30 estimated by three analysts on average. Services and other- Gross margin: $23 million versus $25.48 million estimated by three analysts on average. View all Key Company Metrics for Crown Castle here>>> Shares of Crown Castle have returned +8.1% over the past month versus the Zacks S&P 500 composite's +8.6% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Crown Castle Inc. (CCI) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

This article first appeared on GuruFocus. First Quarter Organic Growth: 3.1% or $30 million, excluding Sprint cancellations and DISH terminations. Adjusted EBITDA: Benefited from lower repair and maintenance costs, sustaining capital expenditures, and other non-labor costs. Site Rental Revenues: Expected approximately $3.9 billion for full year 2026. Adjusted EBITDA for Full Year 2026: Approximately $2.7 billion. AFFO for Full Year 2026: Approximately $1.9 billion. Discretionary CapEx: Unchanged at $200 million or $160 million net of $40 million of prepaid rent received. Debt Repayment and Share Repurchases: Plan to allocate approximately $1 billion to share repurchases and $7 billion to repay debt following the sale of small cell and fiber businesses. Warning! GuruFocus has detected 9 Warning Signs with CCI. Is CCI fairly valued? Test your thesis with our free DCF calculator. Release Date: April 22, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Crown Castle Inc (NYSE:CCI) delivered solid first quarter results and reiterated its guidance for full year 2026, indicating confidence in its financial outlook. The company is on track to conclude the sale of its small cell and fiber businesses in the first half of 2026, which is expected to enhance its focus on becoming a stand-alone tower business. Crown Castle Inc (NYSE:CCI) successfully executed a restructuring of its tower and corporate organizations, resulting in an anticipated $65 million reduction to annualized run rate costs. The company is investing in acquiring more land under its towers and enhancing systems and processes to drive operational efficiency and effectiveness. Crown Castle Inc (NYSE:CCI) is well-positioned to capitalize on the persistent growth in mobile data demand and upcoming spectrum deployments, which could drive future growth. Crown Castle Inc (NYSE:CCI) is facing legal challenges with DISH Network, which defaulted on its payment obligations, leading to a termination of the agreement and ongoing litigation. The company's first quarter organic growth was impacted by Sprint cancellations and DISH terminations, which offset site rental revenue growth. There is uncertainty surrounding the timing and outcome of the DISH litigation, which could take at least a year to resolve. The sale of the small cell and fiber businesses means tha...

MSCI Inc. MSCI delivered first-quarter 2026 adjusted earnings of $4.55 per share, up 13.8% year over year and beat the Zacks Consensus Estimate by 3.41%. The reported quarter’s operating revenues came in at $850.8 million, up 14.1% year over year and beat the consensus mark by 2.01%. Strength in asset-based fees, along with steady growth in recurring subscription revenues, powered the top line. Profitability also improved, with operating margin expanding to 53.7% and adjusted EBITDA margin rising to 59.3% in the quarter. MSCI shares were up 3.75% at the time of writing the article. MSCI shares have dropped 1.1% year to date compared with the broader Zacks Finance sector’s return of 0.8%. MSCI Inc price | MSCI Inc Quote MSCI’s business momentum was also reflected in its recurring revenue indicators. Total Run Rate at March 31, 2026, was $3.36 billion, up 12.7% year over year, and the total retention rate for the first quarter was 95.4%, essentially steady with the prior-year period. Management pointed to strong sales execution and product momentum across client segments and product lines during the reported quarter. The company emphasized record asset-based-fee Run Rate and strong recurring sales activity, particularly within Index and Analytics. Index remained the primary growth engine in the first quarter, with segment operating revenues of $496.3 million, up 17.7% year over year. Within the segment, asset-based fees totaled $224.5 million (up 26.6% year over year) while recurring subscription revenues were $254.2 million (up 9% year over year), highlighting a solid mix of usage-linked and subscription-driven revenue streams. Analytics also posted a healthy quarter, with operating revenues increasing 10.3% to $190.0 million. Growth was supported by recurring subscription revenues of $183.2 million (up 7.9% year over year), while non-recurring revenues rose to $6.8 million (up 183.3% year over year), reflecting a stronger contribution from one-time sales versus the year-ago period. Sustainability and Climate generated operating revenues of $91.9 million, up 8.6%, supported by recurring subscription revenues of $90.9 million (up 9.9% year over year). All Other – Private Assets contributed operating revenues of $72.6 million, up 7.9% year over year, with recurring subscription revenues of $71.9 million (up 7.6% year over year). Adjusted EBITDA rose 18.6% year...