Crown Castle reports Q1 AFFO $1.02, consensus $1.01

Reports Q1 revenue $961M, consensus $994.83M. “We delivered a solid first quarter and remain on track to achieve our full-year 2026 guidance,” said Chris Hillabrant, Crown Castle’s (CCI) President and Chief Executive Officer. “We have largely completed the separation of our Fiber and Small Cell businesses and expect the sale to close in the first half of 2026. As we transition to a pure-play tower company, we are focused on execution by driving operating efficiency, modernizing our systems, and increasing land ownership under our towers. With a clear standalone tower strategy, a disciplined capital allocation framework, and an investment-grade balance sheet, we are well positioned to deliver attractive and sustainable shareholder returns.”