Crown Castle International Corp. (CCI) reported fourth quarter net income attributable to CCIC stockholders of $18.7 million, compared to a loss of $63.8 million in the prior year period. Net income attributable to CCIC stockholders after deduction of dividends on preferred stock was $13.0 million or $0.04 per share, compared to a loss of $69.0 million or $0.24 per share in the prior year quarter.
On average, 14 analysts polled by Thomson Reuters expected the company to report a loss of $0.01 per share. Analysts' estimates typically exclude special items.
Total revenue for the quarter increased 13% to $443.5 million from $392.0 million in the same period last year. Fourteen Wall Street analysts expected revenues of $436.26 million.
Looking forward, for the first quarter, the company said it expects site rental revenues in the range of $403 to $408 million. Net loss per share is estimated in the range of $0.25 to $0.15.
Street analysts expect breakeven earnings per share on revenues of $441.44 million.
For the full-year 2010, the company said it expects site rental revenues in the range of $1.645 to $1.665 billion. Results are forecast in the range of a loss of $0.21 to a profit of $0.01.
Street analysts expect earnings of $0.12 per share on revenues of $1.80 billion.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.