Crown Castle Maintains Outlook For Full Year 2024; AFFO Per Share At $6.85-$6.97, Est $6.92
Portfolio Pulse from Benzinga Newsdesk
Crown Castle has reaffirmed its full-year 2024 outlook, projecting an Adjusted Funds From Operations (AFFO) per share in the range of $6.85 to $6.97, aligning with the estimated $6.92.
April 17, 2024 | 8:21 pm
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POSITIVE IMPACT
Crown Castle maintains its 2024 AFFO per share forecast at $6.85-$6.97, closely matching the analyst estimate of $6.92.
Crown Castle's reaffirmation of its 2024 AFFO per share outlook suggests confidence in its financial stability and growth prospects. This alignment with analyst estimates indicates that the company is on track to meet expectations, which could positively influence investor sentiment and potentially lead to an uptick in its stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100