Crown Castle International Corp Profit Advances In Q2

(RTTNews) - Crown Castle International Corp (CCI) announced earnings for its second quarter that increased from the same period last year.

The company's profit totaled $218 million, or $0.52 per share. This compares with $152 million, or $0.36 per share, in last year's second quarter.

Analysts had expected the company to earn $0.41 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 11.3% to $1.48 billion from $1.33 billion last year.

Crown Castle International Corp earnings at a glance:

-Earnings (Q2): $218 Mln. vs. $152 Mln. last year. -EPS (Q2): $0.52 vs. $0.36 last year. -Analysts Estimate: $0.41 -Revenue (Q2): $1.48 Bln vs. $1.33 Bln last year.