Earnings call transcript: Crown Castle misses Q3 2026 estimates as stock slips
Crown Castle International Corp. missed earnings and revenue estimates for the third quarter of 2026, but raised its full-year guidance and highlighted improving long-term demand. Adjusted earnings per share came in at $0.67, falling short of the $0.68 consensus estimate by $0.01. Revenue was $995 million, below the $1.01 billion forecast by $15 million.
Despite the miss, the company pointed to strong mobile data growth, spectrum deployment, and emerging edge infrastructure as key drivers. Full-year guidance was raised by $20 million for site rental revenue, $25 million for Adjusted EBITDA, and $5 million for Adjusted Funds From Operations (AFFO). The stock closed at $78.65, down 3.04% from the previous close, and slipped an additional 0.83% after hours to $78.
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