Crown Castle Earnings, Revenue Beat in Q2

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Crown Castle announced earnings per share of $0.77 on revenue of $1.58B. Analysts polled by Investing.com anticipated EPS of $0.6807 on revenue of $1.56B.

Crown Castle shares are up 26.45% from the beginning of the year, still down 1.59% from its 52 week high of $204.56 set on July 20. They are outperforming the S&P 500 which is up 16.05% from the start of the year.

Crown Castle’s report follows an earnings missed by Netflix on Tuesday, who reported EPS of $2.97 on revenue of $7.34B, compared to forecasts EPS of $3.18 on revenue of $7.32B.

Prologis had beat expectations on Monday with second quarter EPS of $0.81 on revenue of $1.01B, compared to forecast for EPS of $0.4496 on revenue of $1.01B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar