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Crown Castle International Corp Issues Q3 2013 FFO And EBITDA Guidance Above Analysts' Estimates; Raises FY 2013 Guidance


Wednesday, 24 Jul 2013 04:01pm EDT 

Crown Castle International Corp announced that for third quarter of 2013, it expects adjusted EBITDA in the range of $436-$441, FFO in the range of $270-$275 million, AFFO in the range of $299-$304 million, AFFO per share in the range of $1.02-$1.04, net income (loss) in the range $28-$68 million and net income (loss) per share diluted in the range $0.10-$0.23. For fiscal 2013, it expects adjusted EBITDA in the range of $1.750-$1.760 billion, FFO in the range of $1.022-$1.032 billion, AFFO in the range of $1.187-$1.197 billion, AFFO per share in the range of $4.07-$4.10, net income (loss) in the range $116 to $212 million and net income (loss) per share diluted in the range $0.40-$0.73. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EBITDA of $430 million and AFFO per share of $0.96 for the third quarter of 2013; EBITDA of $1.724 billion and AFFO per share of $3.71 for fiscal 2013. 

Company Quote

78.19
-0.2 -0.26%
11:01am EDT