Crown Castle Q3 FFO $1.24 Beats $1.19 Estimate, Sales $995.000M Miss $1.011B Estimate

Crown Castle (NYSE:CCI) reported quarterly earnings of $1.24 per share which beat the analyst consensus estimate of $1.19 by 4.2 percent. This is a 10.71 percent increase over earnings of $1.12 per share from the same period last year. The company reported quarterly sales of $995.000 million which missed the analyst consensus estimate of $1.011 billion by 1.59 percent. This is a 7.18 percent decrease over sales of $1.072 billion the same period last year.