For 2010 fourth quarter, the company reported earnings of 12 cents per share, compared to earnings of 4 cents per share and loss of 49 cents per share in the year-ago and quarter-ago periods, respectively. Crown Castle is seen reporting earnings per share of 47 cents for 2011 and 83 cents for 2012, a turnaround from $1.16 per share loss reported for 2010, report analysts surveyed by Bloomberg.
The stock received 73% buy ratings, or 16 of the 22 analysts covering the stock recommend buying, while 5 rate holding and 1 suggests selling. Other stocks such as Syniverse Holdings (SVR), Neustar (NSR) and TNS (TNS) have buy ratings of 17%, 31%, and 50%, respectively.
Over the past one year, Crown Castle gained around 25.7% and is likely to rise an average 12% over the next 12 months, as per analysts polled by Bloomberg.