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.
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