Crown Castle Stock Jumps as SpaceX Targets 80,000 Sites
Crown Castle Inc. (NYSE:CCI) shares are gaining Thursday on reports that SpaceX is negotiating tower leases with the company as it hunts for at least 80,000 U.S. cell sites.
Crown Castle Inc. (NYSE:CCI) shares are gaining Thursday on reports that SpaceX is negotiating tower leases with the company as it hunts for at least 80,000 U.S. cell sites.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
U.S. stocks were lower, with the Dow Jones falling around 700 points on Friday.
Crown Castle Inc. is showing early signs of a turnaround, driven by strategic divestitures and cost-saving initiatives. CCI raised its 2026 outlook for site rental revenues, EBITDA, and AFFO, reflecting improved operational momentum. While leverage remains elevated at 6.3x net debt/EBITDA, management targets are intact, and most debt is fixed-rate.
Arm just handed hyperscalers a shortcut around the custom chip work that made Marvell a challenger to Broadcom, and one of these companies is pricing its silicon far too low to ignore.
TAMPA, Fla., Oct. 22, 2026 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) announced today that Wayne T.
TAMPA, Fla., Oct. 22, 2026 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) announced today that its Board of Directors declared a cash dividend of $0.35 per share payable November 19, 2026, to shareholders of record as of November 5, 2026.
CCI's Q3 2026 AFFO beat estimates on lower interest expenses, despite declining revenues, while management raised its full-year AFFO and EBITDA outlook.
Crown (CCK) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
HOUSTON, Oct. 21, 2026 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") today reported results for the third quarter ended September 30, 2026, and updated its full year 2026 Outlook, as reflected in the table below.
Crown Holdings, Inc. ( CCK ) Q3 2026 Earnings Call October 20, 2026 9:00 AM EDT Company Participants Kevin Clothier - Senior VP & CFO Timothy Donahue - Chairman, President & CEO Conference Call Participants George Staphos - BofA Securities, Research Division Matthew Roberts - Raymond James & Associates, Inc., Research Division Ghansham Panjabi - Robert W. Baird & Co. Incorporated, Research Division Philip Ng - Jefferies LLC, Research Division Hillary Cacanando - Deutsche Bank AG, Research Division Arun Viswanathan - RBC Capital Markets, Research Division Jeffrey Zekauskas - JPMorgan Chase & Co, Research Division Christopher Parkinson - Wolfe Research, LLC Michael Roxland - Truist Securities, Inc., Research Division Anthony Pettinari - Citigroup Inc., Research Division Joshua Spector - UBS Investment Bank, Research Division Edlain Rodriguez - Mizuho Securities USA LLC, Research Division Ketan Mamtora - BMO Capital Markets Equity Research Presentation Operator Good morning, and welcome to Crown Holdings Third Quarter 2026 Conference Call.
Global beverage can shipments increased more than 6% in the quarter. Year-to-date share repurchases reached $598 million through the third quarter.
Crown NYSE: CCK reported third-quarter 2026 adjusted diluted earnings per share of $2.39, up 7% from $2.24 a year earlier, as global beverage can shipment growth helped offset elevated costs tied primarily to the Middle East conflict.
Crown Holdings remains a Hold as strong beverage can volume growth has not translated into higher profits or segment income. Most reported revenue growth stems from passing higher costs to customers, with segment margins compressed to about 13%. European recycling regulations and expansion offer long-term potential, but recent regional profits are flat and capital expenditures are rising.
Micron crossed back into trillion-dollar territory without a single announcement or earnings update, leaving investors to figure out whether the violent swing between sessions reflects something real or just fund positioning that can reverse just as fast.
Although the revenue and EPS for Crown (CCK) give a sense of how its business performed in the quarter ended September 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Crown Holdings (CCK) came out with quarterly earnings of $2.39 per share, beating the Zacks Consensus Estimate of $2.25 per share. This compares to earnings of $2.24 per share a year ago.
The company reported a profit of $225 million and rising revenue in the third quarter as its global beverage-can volumes rose more than 6% year-over-year.
TAMPA, Fla., Oct. 19, 2026 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) today announced its financial results for the third quarter ended September 30, 2026.
Crown Castle Inc. CCI is scheduled to release its third-quarter 2026 results on Oct. 21, after the closing bell. In anticipation of the announcement, industry analysts and investors are eager to assess the company's performance and prospects in the current economic climate.