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Crown Castle International Corp Issues Q2 2013 Earnings Guidance Above Analysts' Estimates; Raises FY 2013 Earnings Guidance


Wednesday, 24 Apr 2013 04:01pm EDT 

Crown Castle International Corp announced that for the second quarter of 2013, it expects adjusted EBITDA in then range of $426 million to $4431 million, funds from operations in the range of $255-$260 million, AFFO per share in the range of $0.94-$0.95 and net income in the range of $23-$63 million and net income per share diluted in the range of $0.08-$0.22. The Company raised fiscal 2013 guidance and expects adjusted EBITDA in then range of $1.722-$1.732 billion, funds from operations in the range of $982-$992million, AFFO per share in the range of $3.84-$3.88 and net income in the range of $102-$198 million and net income per share diluted in the range of $0.35-$0.68. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EBITDA of $424 million and AFFO per share of $0.92 for the second quarter of 2013; and EBITDA of $1.724 billion and AFFO per share of $3.71 for fiscal 2013. 

Company Quote

73.21
-0.62 -0.84%
25 Jul 2014