Crown Castle (CCI) Reports Q1 Earnings: What Key Metrics Have to Say

Financial Performance - For the quarter ended March 2025, Crown Castle reported revenue of $1.06 billion, down 35.3% year-over-year [1] - EPS for the quarter was$ 1.10, compared to $0.71 in the same quarter last year [1] - The reported revenue exceeded the Zacks Consensus Estimate of$ 1.04 billion by +1.96% [1] - EPS also surpassed the consensus estimate of $1.02 by +7.84% [1] Key Metrics - Total ending towers were reported at 40,000, slightly below the four-analyst average estimate of 40,056 [4] - Site rental revenue was$ 1.01 billion, compared to the average estimate of $1.09 billion, reflecting a -36.3% year-over-year change [4] - Services and other revenue was$ 50 million, exceeding the average estimate of $46.85 million, but down -5.7% from the previous year [4] - Net Earnings Per Share (Diluted) was -$ 1.07, worse than the average estimate of - $0.58 [4] - Site rental gross margin was$ 771 million, below the average estimate of $893.90 million [4] - Services and other gross margin was$ 22 million, slightly above the average estimate of $20.96 million [4] Stock Performance - Shares of Crown Castle have returned -0.9% over the past month, compared to the Zacks S&P 500 composite's -0.2% change [3] - The stock currently holds a Zacks Rank 5 (Strong Sell), indicating potential underperformance relative to the broader market [3]