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Crown Castle International Corp Profit Advances In Q2

Crown Castle International Corp (CCI) announced earnings for its second quarter that increased from the same period last year.

The company's profit totaled $218 million, or $0.52 per share. This compares with $152 million, or $0.36 per share, in last year's second quarter.

Analysts had expected the company to earn $0.41 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 11.3% to $1.48 billion from $1.33 billion last year.

Crown Castle International Corp earnings at a glance:

-Earnings (Q2): $218 Mln. vs. $152 Mln. last year.
-EPS (Q2): $0.52 vs. $0.36 last year.
-Analysts Estimate: $0.41
-Revenue (Q2): $1.48 Bln vs. $1.33 Bln last year.

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