Crown Castle reports Q2 AFFO$1.02, consensus $1.00

Reports Q2 revenue $1.01B, consensus $1.04B. “With strong operational performance and higher leasing activity from our customers as they continue to augment capacity in their networks, we delivered solid results in the second quarter and increased our full year 2025 Outlook,” stated Dan Schlanger, Crown Castle’s (CCI) interim president and CEO. “Our increased Outlook for full year 2025 demonstrates the progress we are making across the key near-term priorities we articulated last quarter, including delivering on our 2025 financial and operating objectives, successfully closing the previously announced sale of our small cells and fiber solutions businesses, and positioning the tower business to maximize shareholder value on a standalone basis. Our updated full year 2025 Outlook includes both an increase in organic growth to 4.7%, excluding the impact of Sprint Cancellations, and a $10 million reduction in overhead costs. In addition to delivering strong operational results in the first half of 2025, we have made progress on the sale transaction, which we continue to believe will close in the first half of 2026. We believe the improved financial flexibility we created with our previously announced capital allocation framework coupled with investments in our systems and processes to streamline our operations will enable us to better serve our customers, operate more efficiently, and maximize long-term shareholder value on a standalone basis.”