During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
The REITs (Real Estate Investment Trusts) are worth checking out if you're looking to get paid handsome distributions while you wait for the Federal Reserve to finally cut interest rates. Undoubtedly, capital-intensive REITs stand out as big winners as rates fall.
Crown Castle's (CCI) Q2 results reflect a fall in net revenues. High interest expense is a concern.
While the top- and bottom-line numbers for Crown Castle (CCI) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Crown Castle Inc. (NYSE:CCI ) Q2 2024 Earnings Conference Call July 17, 2024 5:00 PM ET Company Participants Kris Hinson - VP, Corporate Finance & Treasurer Steven Moskowitz - President & CEO Daniel Schlanger - CFO Conference Call Participants Simon Flannery - Morgan Stanley Michael Rollins - Citi David Barden - Bank of America Ric Prentiss - Raymond James Jim Schneider - Goldman Sachs Nick Del Deo - MoffettNathanson Richard Choe - JPMorgan Ari Klein - BMO Capital Markets Matt Niknam - Deutsche Bank Batya Levi - UBS Eric Luebchow - Wells Fargo Walter Piecyk - LightShed Brandon Nispel - KeyBanc Capital Markets Brendan Lynch - Barclays Operator Good day and welcome to the Crown Castle Second Quarter 2024 Earnings Conference Call. All participants will be in a listen-only mode.
While the top- and bottom-line numbers for Crown Castle (CCI) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Crown Castle (CCI) came out with quarterly funds from operations (FFO) of $1.62 per share, missing the Zacks Consensus Estimate of $1.65 per share. This compares to FFO of $2.05 per share a year ago.
Crown Castle (CCI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Crown Castle (CCI) is set to gain from its unmatched portfolio of wireless communication infrastructure assets despite a slowdown in tower activity and high interest expenses in the second quarter.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Crown Castle (CCI), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2024.
One key principle of long-term investing is letting your winners run. Charlies Munger reiterated this idea in his famous maxim; “The first rule of compounding: Never interrupt it unnecessarily.
In a market where growth stocks continue to steal the spotlight and propel indices to new highs, it's easy to overlook industries that are perceived as sluggish. One such industry is telecom, with its constituents often finding themselves disregarded.