Crown Castle (CCI) is higher after releasing first-quarter 2026 earnings and maintaining its full-year 2026 outlook on April 22, 2026. Investors also focused on management’s reiterated plan to close the fiber-business sale in the first half of 2026 and then deploy proceeds toward roughly $7 billion of debt repayment and about $1 billion of share repurchases. (investor.crowncastle.com)

For Q1 2026, Crown Castle reported site rental revenues from continuing operations of $961 million versus $1.011 billion a year earlier, with Adjusted EBITDA of $675 million and AFFO of $446 million, or $1.02 per share. The company attributed pressure in part to DISH Wireless terminations and Sprint-related cancellations, while noting organic contribution to site rental billings of $30 million (3.1% organic growth) excluding the impacts from DISH terminations and Sprint cancellations. (investor.crowncastle.com)

Crown Castle reiterated its full-year 2026 outlook, including site rental revenues of $3.828–$3.873 billion and AFFO of $1.895–$1.945 billion (about $4.38–$4.49 per share). Management continues to position the company as a tower-focused business, with the fiber sale assumed to close around mid-2026 and proceeds earmarked for de-leveraging and buybacks while maintaining an investment-grade balance sheet and paying a quarterly dividend of $1.0625 per share. (investor.crowncastle.com)