Crown Castle Q1 FFO $1.10 Beats $0.97 Estimate, Sales $1.01B Miss $1.04B Estimate

Crown Castle (NYSE:CCI) reported quarterly earnings of $1.10 per share which beat the analyst consensus estimate of $0.97 by 13.4 percent. This is a 36.05 percent decrease over earnings of $1.72 per share from the same period last year. The company reported quarterly sales of $1.01 billion which missed the analyst consensus estimate of $1.04 billion by 2.83 percent. This is a 38.39 percent decrease over sales of $1.64 billion the same period last year.