Q3 25 EPS
$0.74
BEAT +51.02%
Est. $0.49
Q3 25 Revenue
$1.07B
BEAT +1.82%
Est. $1.05B
vs S&P Since Q3 25
-37.3%
TRAILING MARKET
CCI -21.6% vs S&P +15.7%
Market Reaction
Did CCI Beat Earnings? Q3 2025 Results
Crown Castle delivered a stronger-than-expected third quarter, posting earnings per share of $0.74 against a consensus estimate of $0.49, a beat of 51.02%, even as headline revenue of $1.07 billion fell 35.1% year-over-year amid the ongoing drag from… Read more Crown Castle delivered a stronger-than-expected third quarter, posting earnings per share of $0.74 against a consensus estimate of $0.49, a beat of 51.02%, even as headline revenue of $1.07 billion fell 35.1% year-over-year amid the ongoing drag from Sprint network consolidation cancellations. The $51 million in Sprint cancellation non-renewals during the quarter weighed heavily on site rental revenues, yet underlying tower demand told a more constructive story, with organic contribution to site rental billings, excluding those cancellations, accelerating to 5.2% year-over-year growth from 4.5% in the prior-year period. Net income climbed 7% to $323 million, while adjusted EBITDA of $718 million reflected the revenue headwinds. Looking ahead, management raised its full-year 2025 guidance across all major metrics, lifting the AFFO midpoint by $40 million to a range of $1.85 billion to $1.90 billion, or $4.23 to $4.35 per share, citing operating efficiencies and interest expense savings. The company's recently declared quarterly dividend of $1.06 per share underscores its continued commitment to shareholder returns as it awaits the $8.5 billion Fiber Business sale to EQT and Zayo, expected to close in the first half of 2026.
Key Takeaways
- • 5.2% organic growth excluding Sprint Cancellations in Q3 2025, up from 4.5% in Q3 2024
- • Core leasing activity of $33M in Q3 2025, up from $27M in Q3 2024
- • Escalators contributed $24M in Q3 2025
- • Operating efficiencies including lower SG&A and site rental costs
- • Strong demand for U.S. tower assets from wireless carriers
CCI YoY Financials
Q3 2025 vs Q3 2024, source: SEC Filings
CCI Revenue by Segment
With YoY comparisons, source: SEC Filings
CCI Revenue by Geography
With YoY comparisons, source: SEC Filings
“We delivered strong operational and financial results in the third quarter and are increasing full year 2025 Outlook as we continue to find opportunities to operate more efficiently.”
— Chris Hillabrant, Q3 2025 Earnings Press Release
CCI Earnings Trends
CCI vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
CCI EPS Trend
Earnings per share: estimate vs actual
CCI Revenue Trend
Quarterly revenue: estimate vs actual
CCI Quarterly Results
6 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q2 26 BEAT | $0.51 | $1.13 | +122.09% | $1.01B | +1.21% |
| Q1 26 BEAT | $0.47 | $1.02 | +116.61% | $1.01B | +1.53% |
| Q4 25 BEAT FY | $0.58 | $0.67 | +15.74% | $1.07B | +1.02% |
| FY Full Year | $2.45 | $1.01 | -58.76% | $4.26B | +0.22% |
| Q3 25 BEAT | $0.49 | $0.74 | +51.02% | $1.07B | +1.82% |
| Q2 25 BEAT | $0.52 | $0.67 | +28.97% | $1.06B | +2.17% |
| Q1 25 MISS | $-0.01 | $-1.07 | -9,204.35% | $1.06B | +1.97% |