Crown Castle International Earnings Preview: Get Ahead of the Analysts
Crown Castle International (NYSE:CCI) will report earnings after markets close on Wednesday, July 24th. Crown Castle International Corp. engineers, deploys, owns, and operates shared wireless infrastructure. The Company offers wireless communications coverage to various United States markets and most of the Australian populations. Crown Castle owns, operates, and manages various wireless communication towers internationally.
Here is your Cheat Sheet to Crown Castle International Earnings:
Earnings Expectations: Analysts expect earnings of $0.16 per share on revenues of $720.66 million. Currently, the company’s P/E ratio stands at 147.00.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.14 to a profit $0.16. For the current year, the average estimate is a profit of $0.56, which is better than the estimate ninety days ago.
Here’s how Crown Castle International has been performing on an annual basis:
|Revenue ($) in millions||1,527||1,685||1,879||2,033||2,433|
|Diluted EPS ($)||-0.25||-0.47||-1.16||0.52||0.64|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||585.51||621.34||674.09||740.06|
|Diluted EPS ($)||0.40||0.14||-0.07||0.05|
Crown Castle International has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)