Crown Castle Earnings, Revenue Miss in Q3

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Crown Castle announced earnings per share of $0.38 on revenue of $1.49B. Analysts polled by Investing.com anticipated EPS of $0.49 on revenue of $1.51B.

Crown Castle shares are up 15.24% from the beginning of the year, still down 7.35% from its 52 week high of $176.80 set on June 3. They are outperforming the S&P 500 which is up 6.31% from the start of the year.

Crown Castle’s report follows an earnings beat by Verizon on Wednesday, who reported EPS of $1.25 on revenue of $31.5B, compared to forecasts EPS of $1.22 on revenue of $31.59B.

Netflix had missed expectations on Tuesday with third quarter EPS of $1.74 on revenue of $6.44B, compared to forecast for EPS of $2.13 on revenue of $6.39B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

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