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
-13.8%
TRAILING MARKET
CCI -6.5% vs S&P +7.3%
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
Regional revenue distribution
“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
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 | — | — | — | — | — |
| Q4 25 BEAT FY | $0.54 | $0.67 | +23.09% | $1.07B | +0.98% |
| 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 | — | $0.67 | — | $1.06B | — |
| Q1 25 | — | $-1.07 | — | $1.06B | — |