--- canonical_url: https://www.stockexpertai.com/earnings/cci last_updated: 2026-05-05T22:44:57.803Z --- # Crown Castle Inc. (CCI) Q4 FY2026 Earnings Preview > This content was automatically generated with FMP live data + Q1 FY2026 earnings call transcript. Generated: 2026-05-05T22:44:57.487Z. Educational tool, not investment advice. --- ## Quick Summary | Field | Value | Source | |---|---|---| | Price | $89.10 (▼ -1.20%) | fmp:quote | | Market Cap | $38.9B | fmp:profile | | 52w range | $75.96 – $115.76 | fmp:quote | | Earnings | Wed 22 Jul | fmp:earnings-history | | EPS estimate | $0.47 (-54% YoY) | fmp:earnings-estimate | | Revenue estimate | $996.2M | fmp:earnings-estimate | | Beat streak | 0/4 | fmp:earnings-history | | Rating | C (overall 2/5) | fmp:ratings | | Analyst median target | $101 (+13.4% upside) | fmp:price-target-consensus | | MoonshotScore | 53/100 | derived | | Council | 2/6 bullish | derived | | Munger verdict | Fairly Valued | derived | ## Crown Castle Inc. — Q4 FY2026 Expectations Q4 consensus: revenue $996.2M^{[FMP est]}, EPS $0.47^{[FMP est]}. 0 consecutive quarters of beat^{[FMP earnings]}. ## Quick Take **Score:** C · **Stance:** HOLD · **Council:** 2/6 · **Moonshot:** 53 = MoonshotScore 53^{[9-pillar formula]} + Council 2/6^{[6-lens rule]}. Form 4: 0 transactions^{[FMP Form 4]}. ## Watchlist (5 metrics) ### 1. Organic Growth Excluding Dish Sprint Crown Castle reported first quarter organic growth, excluding the impact of Sprint cancellations and DISH terminations, was 3.1% or $30 million and increased to 3.3% if DISH revenues are excluded. > "First quarter organic growth, excluding the impact of Sprint cancellations and DISH terminations was 3.1% or $30 million and included 0.3% or $3 million decrease in other billings. First quarter organic growth increases to 3.3% if DISH revenues are excluded from prior year site rental billings." > — Sunit Patel, CFO, Investor Focus · Q1 FY2026 ### 2. Increased Capex For Land Acquisition Crown Castle's 2026 guidance includes a year-over-year increase in capital expenditures as it seeks to acquire more land under its towers and invest in systems. > "Our 2026 guidance also includes a year-over-year increase in capital expenditures as we seek to acquire more land under our towers and invest in systems and processes, which we believe will drive operational efficiency and effectiveness in the following ways." > — Christian Hillabrant, CEO, Risk Indicator · Q1 FY2026 ### 3. 2026 Guidance Reiteration Crown Castle delivered solid first quarter results and is reiterating its guidance for full year 2026. > "We delivered solid first quarter results and are reiterating our guidance for full year 2026." > — Christian Hillabrant, CEO, Expectation / Guide · Q1 FY2026 ### 4. Fiber Small Cell Sale Timeline Crown Castle believes the sale of its small cell and fiber businesses remains on track to close in the first half of 2026 and has received almost all required approvals. > "Our first priority is to conclude the sale of our small cell and fiber businesses, which we believe remains on track to close in the first half of 2026. We have received almost all required approvals and have largely completed the separation of our small cell and fiber businesses." > — Christian Hillabrant, CEO, Investor Focus · Q1 FY2026 ### 5. Operational Efficiency Restructuring Crown Castle successfully executed a restructuring of its tower and corporate organizations, resulting in an anticipated $65 million reduction to annualized run rate cost. > "In the first quarter, we successfully executed a restructuring of our tower and corporate organizations, resulting in an anticipated $65 million reduction to annualized run rate cost." > — Christian Hillabrant, CEO, Investor Focus · Q1 FY2026 ## MoonshotScore Pillars | Pillar | Score | Level | Evidence | |---|---|---|---| | Revenue Growth | 0.0 | weak | Q1 vs Q2: growth negative (-4.7%, contraction) | | Gross Margin | 7.0 | strong | Q1: very high margin (73.7%, software/cloud territory) | | Operating Leverage | 5.0 | medium | op margin very strong (46.0%, scale leverage) | | Cash Runway | 10.0 | strong | FCF very strong ($0.5B, 7.9× CapEx) | | R&D Intensity | 3.0 | weak | low R&D investment (0.0%, weak innovation) | | Price Momentum | 7.0 | strong | RSI 57.0 positive momentum, 50d above | | News Sentiment | 5.0 | medium | majority buy (52%) | **Formula:** sum(pillar.score) / (count * 10) * 100. Each pillar deterministic from FMP. Source maps in pillar.formula. ## Council (7-Lens) | Name | Stance | Context | |---|---|---| | Ray Dalio | bull | macro · target upside +13.4% | | Ken Griffin | bull | flow · 50d MA above | | Jim Simons | neutral | quant · RSI 57 | | Klarman | neutral | value · target upside +13.4% | | Buffett | neutral | quality · ROE score 1/5 | | Munger | neutral | valuation · target upside +13.4% | **Formula:** Each lens uses deterministic rule on bundle data. Logged in member.contextTr. ## Munger Lens - **Verdict:** Fairly Valued - **Financial Health:** Weak - **Margin of Safety:** Moderate - **Interest Coverage:** Adequate - **ROIC vs WACC:** Tight **Formula:** verdict=upside>25?Undervalued:>0?Fairly Valued:Overvalued. Each lens deterministic from FMP ratings + priceTarget. ## Technical Levels - **RSI(14):** 57.0 — yükselişte nötr — overbought sınırının altında, momentum pozitif - **50d MA:** $86 — hisse %3.6 üstünde — kısa vadeli destek - **200d MA:** $92 — hisse %2.9 altında — uzun vadeli baskı - **Volume (10d):** -10% ## Past Performance (4 Quarters) | Quarter | EPS Actual | EPS Estimate | Result | Reaction | |---|---|---|---|---| | Q2 FY25 | $1.02 | $1.00 | BEAT | +3.8% | | Q3 FY25 | $1.12 | $1.04 | BEAT | +0.6% | | Q4 FY25 | $1.12 | $0.58 | BEAT | -9.0% | | Q1 FY26 | $0.34 | $0.38 | +-9.7% EPS | +1.8% | Q1 (April 22, 2026): EPS $0.34 vs $0.38 est^[FMP], +-9.7% beat. D+1 movement: +1.8%^{[FMP D+1]}. Decline despite beat — market reacted to guidance, not numbers. ## 3 Scenarios ### Scenario A · Beat **Q4 EPS > $0.47 + CapEx discipline** Threshold: EPS > $0.47^{[FMP est]}. Target: Break above median target $101^{[FMP target]}; high target $127^[FMP] upper bound. ### Scenario B · In-Line **EPS ≈ $0.47 + CapEx < $57.0M** Threshold: EPS ≈ $0.47^{[FMP est]}, Q4 CapEx < $57.0M^[FMP]. Target: Consolidation in the band between current $89^[FMP] and median $101^[FMP]. ### Scenario C · Miss **EPS < $0.46 or CapEx ≥ $57.0M** Threshold: EPS < $0.46^{[FMP est×0.97]}. Target: Current $89 below SMA200 $92^[FMP], if rejection continues, $78^[derived] support activates. ## Risk Notes ### Primary segment below threshold Q1: EPS $0.34 vs $0.38 beat^[FMP], stock +1.8% D+1^[FMP]. ### Backlog concentration No RPO/backlog concentration disclosed in Q1 earnings call. ### Insider trading Form 4 data is marked in the table — this page does not generate assumptions for this stock. | Executive | Action | Amount | Date | |---|---|---|---| **Net:** — (0 transactions · 0 sells · 0 buys) · Q1 FY26 ### CapEx shock Q1 CapEx $57.0M^{[FMP cashflow]}. Q1 op margin 46.0%^{[FMP op margin]} — this level in Q4 is sensitive to CapEx revision risk. ## Wall Street Consensus - **Median target:** $101 (+13.4% upside vs current $89) - **High / Low:** $127 / $91 - **Buy / Hold / Sell:** 11 / 10 / 0 - **Analyst count:** 0 (last quarter), 44 all-time ## Additional Transcript Insights ### 1. 2026_guidance_reiteration **Claim:** Crown Castle delivered solid first quarter results and is reiterating its guidance for full year 2026. **Evidence (transcript):** "We delivered solid first quarter results and are reiterating our guidance for full year 2026." **Numbers:** 2026 ### 2. fiber_small_cell_sale_timeline **Claim:** Crown Castle believes the sale of its small cell and fiber businesses remains on track to close in the first half of 2026 and has received almost all required approvals. **Evidence (transcript):** "Our first priority is to conclude the sale of our small cell and fiber businesses, which we believe remains on track to close in the first half of 2026. We have received almost all required approvals and have largely completed the separation of our small cell and fiber businesses." **Numbers:** 2026 ### 3. operational_efficiency_restructuring **Claim:** Crown Castle successfully executed a restructuring of its tower and corporate organizations, resulting in an anticipated $65 million reduction to annualized run rate cost. **Evidence (transcript):** "In the first quarter, we successfully executed a restructuring of our tower and corporate organizations, resulting in an anticipated $65 million reduction to annualized run rate cost." **Numbers:** $65 million ### 4. increased_capex_for_land_acquisition **Claim:** Crown Castle's 2026 guidance includes a year-over-year increase in capital expenditures as it seeks to acquire more land under its towers and invest in systems. **Evidence (transcript):** "Our 2026 guidance also includes a year-over-year increase in capital expenditures as we seek to acquire more land under our towers and invest in systems and processes, which we believe will drive operational efficiency and effectiveness in the following ways." **Numbers:** 2026 ### 5. organic_growth_excluding_dish_sprint **Claim:** Crown Castle reported first quarter organic growth, excluding the impact of Sprint cancellations and DISH terminations, was 3.1% or $30 million and increased to 3.3% if DISH revenues are excluded. **Evidence (transcript):** "First quarter organic growth, excluding the impact of Sprint cancellations and DISH terminations was 3.1% or $30 million and included 0.3% or $3 million decrease in other billings. First quarter organic growth increases to 3.3% if DISH revenues are excluded from prior year site rental billings." **Numbers:** 3.1%, $30 million, 0.3%, $3 million, 3.3% --- *Data source: FMP (live query, 2026-05-05), Q1 FY2026 earnings call transcript (Translated to EN with Gemini 2.0 Flash). Educational tool, not investment advice.*