With a market cap of $45.2 billion, Crown Castle Inc. (CCI) owns, operates and leases more than 40,000 cell towers and approximately 90,000 route miles of fiber supporting small cells and fiber solutions across every major U.S. market. The company is set to announce its fiscal first-quarter earnings for 2025 after the market closes on Wednesday, Apr. 16.
Ahead of the event, analysts are expecting CCI to report funds from operations (FFO) of $0.96 per share, down 44.2% from $1.72 per share reported in the year-ago quarter. On a positive note, the company has surpassed Wall Street's FFO estimates in each of the past four quarters. In the most recent quarter, it reported an FFO of $1.80 per share, which exceeded the consensus estimate by 3.5%, thanks to a consistent level of activity with organic growth of 4.5% in towers.
