Crown Castle InternationalNYSE: CCI

Crown Castle (CCI) has received a Zacks Rank #2 (Buy) upgrade, indicating increased confidence in the company's potential earnings. This could lead to a rise in the stock price soon.

Real Estate Investment Trusts, or REITs, are a kind of investment in the stock market that offers a lot of income. They are required to pay out at least 90% of their profits to shareholders in order to keep their tax benefits.

While the revenue and earnings per share (EPS) for Crown Castle (CCI) provide insight into its performance for the quarter ending September 2024, it could be helpful to look at how these important figures stack up against Wall Street predictions and last year's results.

Crown Castle (CCI) reported quarterly funds from operations (FFO) of $1.84 per share, which is higher than the Zacks Consensus Estimate of $1.80 per share. This is an increase compared to last year's FFO of $1.77 per share.

In addition to looking at analysts' estimates for Crown Castle's (CCI) revenue and earnings, it's important to assess forecasts for some of its main metrics. This will help us understand how the company may have performed in the quarter that ended in September 2024.

Crown Castle's dividend might be uncertain.

According to 24/7 Wall St. Insights, banks are reducing the interest rates they offer on money market funds and certificates of deposit (CDs).

REITs are still very affordable, even after the recent increase in prices. This is particularly the case for riskier REITs. I want to point out two REITs that have the potential to triple in value.

Crown Castle Inc. (NYSE:CCI) will be participating in the 2024 RBC Capital Markets Global Communications Infrastructure Conference on September 24, 2024, at 11:00 AM ET. Daniel Schlanger, the Chief Financial Officer, will represent the company. Jonathan Atkin from RBC Capital Markets will also be part of the conference call.