Crown Castle Aktie News

HOUSTON, April 19, 2024 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) (“Crown Castle” or the “Company”) today issued the following statement:

Crown Castle Inc. (NYSE:CCI ) Q1 2024 Earnings Conference Call April 17, 2024 5:00 PM ET Company Participants Kris Hinson - VP, Corporate Finance & Treasurer Robert Bartolo - Chair Steven Moskowitz - President & CEO Daniel Schlanger - CFO Tony Melone - Interim President & CEO Conference Call Participants Michael Rollins - Citi Jonathan Atkin - RBC Markets Ric Prentiss - Raymond James Simon Flan...

Wireless tower operator Crown Castle beat Wall Street estimates for first-quarter site rental revenue on Wednesday, helped by steady demand for its wireless infrastructure services.

HOUSTON, April 17, 2024 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") today reported results for the first quarter ended March 31, 2024 and maintained its full year 2024 outlook, as reflected in the table below.

This is the Second Time the Board's Actions Have Presented a "Colorable Claim" Under Delaware Law Crown Castle's Board of Directors Have Shown Blatant and Cynical Disregard for Shareholders and the Delaware Court Actions Highlight Years of Governance and Strategic Blunders That Have Cost Shareholders Tens of Billions of Dollars in Value Court of Chancery Grants Discovery to Boots Capital Manage...

Event-driven surges are often mispriced as sustaining growth, presenting opportunities for investors. The market is skilled at pricing cyclicality but struggles to properly adjust multiples for event-driven surges. Crown Castle is currently mispriced due to a misinterpreted event-driven surge caused by the Sprint-T-Mobile merger.

Crown Castle stock has declined by around 10% since December 2023 due to expected weak financial performance in Q1 and full fiscal 2024. Despite the decline, Crown Castle is expected to continue demonstrating organic growth and is currently undervalued by around 30%. The stock offers a compelling 6.5% forward dividend yield, making it a solid long-term dividend opportunity.

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