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.

Analyst Trends:

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.

Earnings Trends:

Here’s how Crown Castle International has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
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

Past Performance:
Crown Castle International has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]