Crown Castle 8-K/A, filed Nov 4, 2026

Summary

Crown Castle filed an amendment to its third-quarter 2026 earnings release and supplemental package, reclassifying $157 million from other intangible assets to operating lease right-of-use assets and other assets and moving the related cash outflow from investing to operating activities, with no effect on total assets or the statement of operations. The company also raised the midpoints of its full-year 2026 outlook for Adjusted EBITDA by $25 million and AFFO by $5 million, which CFO Sunit Patel attributed to higher ground lease buyout activity, operational efficiencies, and a customer agreement.

Key points

• Crown Castle filed an amended 8-K replacing its original Q3 2026 earnings release and supplemental package to reclassify $157 million from 'Other intangible assets, net,' with $90 million moved to operating lease right-of-use assets and $67 million to other assets, and the related cash outflow moved from investing to operating activities.
• Q3 2026 site rental revenues were $966 million, down 5% from $1,012 million a year earlier, while AFFO rose 8% to $530 million, or $1.24 per share.
• Crown Castle raised its full-year 2026 outlook midpoints for Adjusted EBITDA by $25 million and AFFO by $5 million, citing higher ground lease buyout activity, operational efficiencies, and a customer agreement.
• The company reported $66 million in Q3 capital expenditures and paid about $452 million in common stock dividends during the quarter.

Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.