Crown Castle (NYSE:CCI) Q2 Adjusted Funds From Operations, Revenue Rise

Crown Castle (NYSE:CCI) reported Q2 adjusted funds from operations  of $2.05 per diluted share, up from $1.80 a year earlier.

Analysts surveyed by Capital IQ expected $2.

Revenue for the quarter ended June 30 was $1.87 billion, up from $1.73 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.86 billion.

Crown Castle (NYSE:CCI) said it expects full-year 2023 adjusted funds from operations of $7.50 to $7.58, down from the previous outlook of $7.58 to $7.68. Analysts surveyed by Capital IQ expect $7.64.

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