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Crown Castle raises FY25 AFFO view to $4.23-$4.35 from $4.14-$4.26

Consensus $4.21. Raises FY25 revenue view to $4.01B-$4.05B from $4B-$4.04B, consensus $4.23B. “Our third quarter results, which were highlighted by 5.2% organic growth excluding the impact of Sprint Cancellations, demonstrated the solid performance of our tower business,” stated Sunit Patel, Crown Castle’s (CCI) executive VP and CFO. “The strong demand for our U.S. tower assets combined with our continued focus on operating the business efficiently positions us well to meet our updated full year 2025 Outlook, which includes 4.7% organic growth, excluding the impact of Sprint Cancellations. Our solid operational and financial performance is complemented by our investment-grade balance sheet, which ended the quarter with approximately 84% fixed rate debt, a weighted average debt maturity of 6 years, and approximately $4.2 billion of availability under our revolving credit facility, compared to approximately $2.7 billion of debt maturities over the next twelve months.”

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