Crown Castle International Releases 2020 Guidance

Date : 10/16/2019 @ 9:11PM
Source : Dow Jones News
Stock : Crown Castle International Corp (CCI)
Quote : 148.69  0.0 (0.00%) @ 8:59AM
Crown Castle share price Chart

Crown Castle International Releases 2020 Guidance

Crown Castle (NYSE:CCI)
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6 Months : From Jul 2019 to Jan 2020

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   By Allison Prang 
 

Crown Castle International Corp. (CCI) released its guidance for 2020 and reaffirmed its 2019 expectations.

The company said it expects profit for 2020 to be between $1.088 billion and $1.168 billion. It expects adjusted earnings before interest, taxes, depreciation and amortization to be between $3.569 billion and $3.614 billion.

Crown Castle said it expects funds from operations to be between $2.539 billion and $2.584 billion. It expects adjusted funds from operations to be between $2.662 billion and $2.707 billion.

It also expects site rental revenues to be between $5.196 billion and $5.241 billion.

 

Write to Allison Prang at allison.prang@wsj.com

 

(END) Dow Jones Newswires

October 16, 2019 16:56 ET (20:56 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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