Investing.com - Crown Castle (NYSE:CCI) reported fourth quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $0.44 on revenue of $1.42B. Analysts polled by Investing.com anticipated EPS of $0.43 on revenue of $1.4B. That compared to EPS of $0.17 on revenue of $1.24B in the same period a year earlier. The company had reported EPS of $0.33 on revenue of $1.38B in the previous quarter.
For the year, Crown Castle shares are up 2.33%, under-performing the S&P 500 which is up 6.67% year to date.
Crown Castle follows other major Services sector earnings this month
On Wednesday, Comcast reported fourth quarter EPS of $0.64 on revenue of $27.85B, compared to forecasts of EPS of $0.63 on revenue of $27.55B.
Netflix earnings beat analyst's expectations on January 17, with fourth quarter EPS of $0.3 on revenue of $4.19B. Investing.com analysts expected EPS of $0.24 on revenue of $4.21B
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