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北京时间·🕒 发布 04:18:20时区推断·⟳ 抓取 04:18:20·⚡ 决策 07-23 04:20:52 +2m32s·96.6 天前
Crown Castle二季度业绩小幅超预期并上调全年净利润指引
二季度收入10.1亿美元略高于市场预期9.9623亿美元，调整后EPS 1.13美元高于预期0.95美元。
📄 原文Wall St Engine@wallstengine↗ 原文
CROWN CASTLE $CCI Q2’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $1.01B (Est. $996.23M) 🟢; -5% YoY 🔹 Adj. EPS: $1.13 (Est. $0.95)…
不做 Crown Castle（CCI.US）
财报虽有EPS和收入beat，但为预定披露，核心AFFO/share和Adjusted EBITDA指引未上调，事件方向混合且短线edge不足，不做。
展开详情(成交明细 / 研究档案 / 原文全文 / 决策记录链)
研究档案
消息传播链
- 公司提前公告将在2026-07-22美股盘后发布二季度业绩并于17:00 ET召开电话会，说明披露本身属于日历内事件。
- 社交账号汇总称CCI二季度收入和调整后EPS超预期，并上调全年净利润/EPS/AFFO总额指引。
关键理由
- 二季度收入10.1亿美元略高于市场预期9.9623亿美元，调整后EPS 1.13美元高于预期0.95美元。
- 全年净利润和稀释EPS指引上调，但核心Adjusted EBITDA维持26.90亿美元不变，AFFO/share仍为4.59美元，核心现金流弹性有限。
- 这是预定财报披露，且公司近几个季度连续超预期，短线预期差不足以支撑盘后追多。
主要风险
- 若电话会给出塔租增长、回购节奏或利率敏感性更强的正面细节，可能带来次日开盘上修。
- REIT类标的对利率和资金成本敏感，单季EPS beat对股价影响可能被宏观利率预期覆盖。
反向证据
- 做多前查反向 · 来源 web · 日期 2026-07-22 · 影响 weakens
信号自身显示Adjusted EBITDA指引不变、AFFO/share不变，削弱EPS beat和净利润指引上调的可交易强度。
检索:Crown Castle Q2 2026 earnings AFFO per share guidance unchanged Adjusted EBITDA unchanged 原文 ↗
原文全文
展开原文 · 1,046 字
CROWN CASTLE $CCI Q2’26 EARNINGS HIGHLIGHTS
🔹 Revenue: $1.01B (Est. $996.23M) 🟢; -5% YoY
🔹 Adj. EPS: $1.13 (Est. $0.95) 🟢; +11% YoY
🔹 Net Income: $94M; -68% YoY
Raises FY26 Guide:
🔹 Site Rental Revenues: $3,855M; raised from $3,850M
🔹 Net Income: $870M; raised from $830M
🔹 EPS (Diluted): $2.02; raised from $1.94
🔹 Adjusted EBITDA: $2,690M; unchanged
🔹 AFFO: $1,975M; raised from $1,970M
🔹 AFFO per Share: $4.59; unchanged
Other Q2 Metrics:
🔹 Organic Contribution to Site Rental Billings: $38M, or 3.9% organic growth
🔹 Adjusted EBITDA: $675M; -4% YoY
🔹 AFFO: $488M; +10% YoY
Capital Return:
🔹 Dividend Paid: ~$460M, or $1.0625/share
🔹 Buybacks: $1B of share repurchases completed following Fiber sale close
Comments:
🔸 “We delivered a solid second quarter, positioning us to increase our full year 2026 guide for AFFO.”
🔸 “Consistent with our capital allocation framework and investment grade balance sheet, following the close of the sale transaction we completed $1 billion of share repurchases and repaid more than $7 billion of debt.”
🔹 Revenue: $1.01B (Est. $996.23M) 🟢; -5% YoY
🔹 Adj. EPS: $1.13 (Est. $0.95) 🟢; +11% YoY
🔹 Net Income: $94M; -68% YoY
Raises FY26 Guide:
🔹 Site Rental Revenues: $3,855M; raised from $3,850M
🔹 Net Income: $870M; raised from $830M
🔹 EPS (Diluted): $2.02; raised from $1.94
🔹 Adjusted EBITDA: $2,690M; unchanged
🔹 AFFO: $1,975M; raised from $1,970M
🔹 AFFO per Share: $4.59; unchanged
Other Q2 Metrics:
🔹 Organic Contribution to Site Rental Billings: $38M, or 3.9% organic growth
🔹 Adjusted EBITDA: $675M; -4% YoY
🔹 AFFO: $488M; +10% YoY
Capital Return:
🔹 Dividend Paid: ~$460M, or $1.0625/share
🔹 Buybacks: $1B of share repurchases completed following Fiber sale close
Comments:
🔸 “We delivered a solid second quarter, positioning us to increase our full year 2026 guide for AFFO.”
🔸 “Consistent with our capital allocation framework and investment grade balance sheet, following the close of the sale transaction we completed $1 billion of share repurchases and repaid more than $7 billion of debt.”
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