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Barchart
Rashmi Kumari

Earnings Preview: What to Expect From Crown Castle's Report

Crown Castle Inc. (CCI), based in Houston, Texas, is a communications infrastructure provider in the U.S. With a market cap of $51.55 billion, CCI operates an extensive network of cell towers, small cell nodes, and fiber infrastructure that supports millions of users' wireless communications and data transfer. The company is scheduled to announce its Q3 earnings after the market closes on Wednesday, Oct. 16.

Ahead of the event, analysts expect CCI to report a profit of $1.72 per share, down 2.8% from $2.59 in the year-ago quarter. The company has surpassed Wall Street’s EPS estimates in its last four quarterly reports. 

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