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Crown Castle announced earnings per share of $0.97 on revenue of $1.73B. Analysts polled by Investing.com anticipated EPS of $0.9577 on revenue of $1.71B.
Crown Castle shares are down 20% from the beginning of the year, still down 18.77% from its 52 week high of $209.87 set on December 31, 2021. They are outperforming the Nasdaq which is down 23.95% from the start of the year.
Crown Castle shares gained 0.03% in after-hours trade following the report.
Crown Castle’s report follows an earnings beat by Prologis on Monday, who reported EPS of $0.82 on revenue of $1.09B, compared to forecasts EPS of $0.6523 on revenue of $1.11B.
Equity Lifestyle had missed expectations on Monday with second quarter EPS of $0.33 on revenue of $275.33M, compared to forecast for EPS of $0.345 on revenue of $290.76M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
