This post was originally published on this site
https://i-invdn-com.akamaized.net/news/LYNXMPEA6606G_M.jpgCrown Castle announced earnings per share of $1.17 on revenue of $1.49B. Analysts polled by Investing.com anticipated EPS of $0.623 on revenue of $1.51B.
Crown Castle shares are down 5% from the beginning of the year, still down 9.57% from its 52 week high of $176.80 set on June 3, 2020. They are under-performing the Nasdaq 100 which is up 1.74% from the start of the year.
Crown Castle shares gained 0.08% in after-hours trade following the report.
Crown Castle’s report follows an earnings missed by Netflix on January 19, who reported EPS of $1.19 on revenue of $6.64B, compared to forecasts EPS of $1.36 on revenue of $6.62B.
Verizon had beat expectations on Tuesday with fourth quarter EPS of $1.21 on revenue of $34.69B, compared to forecast for EPS of $1.17 on revenue of $34.49B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar