Jul. 23 at 8:27 PM
$CCI $AMT $O $VICI $VZ
📢 $ CCI Q2 Earnings Recap
🏢 FFO:
$1.02 vs.
$0.92 est. — beat by
$0.10 ✅
💵 Revenue:
$1.06B vs.
$1.04B est. — beat by $ 20M ✅
📉 Revenue down 4.5% YoY, mostly due to lower site rental revenue
📦 Operational Highlights
• Net income: 291M vs. $ 251M a year ago
• Adjusted EBITDA: $ 705M, down slightly from $ 727M
• Cost savings from office closures and staff reductions helped offset softness
• Organic site rental billing growth: 4.7%, in line with prior quarters 🏗️
📅 2025 Outlook
• FY25 FFO guidance midpoint:
$3.88 — in line with consensus
• Core leasing activity and escalators continue to contribute steadily
• Adjusted for Sprint cancellations, rental growth remains consistent
📈 Stock Reaction
• Shares rose +0.45%, as investors digest cost controls and stable outlook
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