Crown Castle Earnings, Revenue Miss in Q4

Investing.com – Crown Castle (NYSE:) reported on Wednesday fourth quarter that missed analysts’ forecasts and revenue that fell short of expectations.

Crown Castle announced earnings per share of $0.43 on revenue of $1.43B. Analysts polled by Investing.com anticipated EPS of $0.47 on revenue of $1.45B. That with comparison to EPS of $0.44 on revenue of $1.42B in the same period a year before. Crown Castle had reported EPS of $0.58 on revenue of $1.51B in the previous quarter. Analysts are expecting EPS of $0.53 and revenue of $1.5B in the upcoming quarter.

Crown Castle shares are up 14.45% from the beginning of the year , still down 3.59% from its 52 week high of $168.75 set on February 21. They are outperforming the which is down 3.95% year to date.

Crown Castle follows other major Services sector earnings this month

Crown Castle’s report follows an earnings beat by Amazon.com on January 30, who reported EPS of $6.47 on revenue of $87.44B, compared to forecasts EPS of $4.04 on revenue of $86.03B.

Alibaba ADR had beat expectations on February 13 with third quarter EPS of $18.19 on revenue of $161.46B, compared to forecast for EPS of $15.91 on revenue of $159.7B.

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

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