Crown Castle (CCI)

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Jefferies Financial Group Analysts Boost Earnings Estimates for Crown Castle International Corp. (REIT) (CCI)
By: MarketBeat | December 22, 2021

• Crown Castle International Corp. (REIT) (NYSE:CCI) - Analysts at Jefferies Financial Group raised their FY2021 earnings per share estimates for shares of Crown Castle International in a research note issued to investors on Sunday, December 19th. Jefferies Financial Group analyst J. Petersen now expects that the real estate investment trust will post earnings per share of $6.56 for the year, up from their prior forecast of $6.54. Jefferies Financial Group also issued estimates for Crown Castle International's Q4 2021 earnings at $1.62 EPS, Q1 2022 earnings at $1.73 EPS, Q2 2022 earnings at $1.74 EPS and Q4 2022 earnings at $1.80 EPS. Crown Castle International (NYSE:CCI) last announced its quarterly earnings data on Tuesday, October 19th. The real estate investment trust reported $0.81 EPS for the quarter, topping the Zacks' consensus estimate of $0.76 by $0.05. Crown Castle International had a return on equity of 14.75% and a net margin of 21.27%. The firm had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.62 billion. During the same period last year, the company posted $1.56 EPS. The business's quarterly revenue was up 8.4% compared to the same quarter last year...

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