Mar 31, 2020

Crown Castle Q1 2020 Earnings Report

Reported strong results in line with expectations and maintained full year 2020 outlook.

Key Takeaways

Crown Castle International Corp. reported first quarter 2020 results, delivering strong results that were in line with expectations. The company's business continues to perform well during the COVID-19 pandemic, and they are focused on delivering on their long-term annual dividend per share growth target of 7% to 8%.

Delivered strong results in line with expectations.

Prioritized the health and safety of workforce.

Took steps to further improve strong balance sheet position.

Confident long-term contracted revenues will allow to deliver value to shareholders through a high quality and growing dividend.

Total Revenue
$1.42B
Previous year: $1.43B
-0.4%
EPS
$1.42
Previous year: $1.45
-2.1%
Total Towers
40K
Route Miles of Fiber
80K
Gross Profit
$947M
Previous year: $941M
+0.6%
Cash and Equivalents
$310M
Previous year: $245M
+26.5%
Total Assets
$38.6B
Previous year: $37.8B
+2.3%

Crown Castle

Crown Castle

Crown Castle Revenue by Segment

Forward Guidance

Crown Castle maintained its full year 2020 Outlook.

Revenue & Expenses

Visualization of income flow from segment revenue to net income