© Reuters. Crown Castle Earnings Beat, Revenue Misses In Q4
Investing.com – Crown Castle (NYSE:) reported on Wednesday fourth quarter that beat analysts’ forecasts and revenue that fell short of expectations.
Crown Castle announced earnings per share of $1.17 on revenue of $1.49B. Analysts polled by Investing.com anticipated EPS of $0.623 on revenue of $1.51B.
Crown Castle shares are down 5% from the beginning of the year, still down 9.57% from its 52 week high of $176.80 set on June 3, 2020. They are under-performing the which is up 1.74% from the start of the year.
Crown Castle shares gained 0.08% in after-hours trade following the report.
Crown Castle follows other major Services sector earnings this month
Crown Castle’s report follows an earnings missed by Netflix on January 19, who reported EPS of $1.19 on revenue of $6.64B, compared to forecasts EPS of $1.36 on revenue of $6.62B.
Verizon had beat expectations on Tuesday with fourth quarter EPS of $1.21 on revenue of $34.69B, compared to forecast for EPS of $1.17 on revenue of $34.49B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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