NYSE:CCISpecialized REITs
Crown Castle (CCI): Valuation Perspective Following Q3 Earnings Beat and Upgraded Revenue Outlook
Crown Castle (CCI) just put out its third-quarter results, delivering an earnings beat and raising its annual site rental revenue forecast. The company’s updated guidance points to solid demand for its tower infrastructure, especially as investment in 5G networks continues.
See our latest analysis for Crown Castle.
Crown Castle’s share price bounced back modestly after its upbeat Q3 earnings and the declared dividend, but recent momentum has been lukewarm, with a 30-day share price return of...