Sign in

You're signed outSign in or to get full access.

Joshua Lu

Research Analyst at Goldman Sachs

Joshua Lu is an Analyst in the Asia Pacific Consumer and Retail sector at Goldman Sachs (Asia) L.L.C., with a focus on Hong Kong/China Consumer and related areas. He has contributed to research reports covering companies such as Sa Sa International Holdings (0178.HK) and broader consumer themes in India and Asia Pacific retail, though specific performance metrics like success rates or rankings on platforms such as TipRanks are not publicly detailed. Lu joined Goldman Sachs & Co. LLC as a broker in 2024 after prior experience at the firm, building skills in financial modeling, Bloomberg, and derivatives. He holds FINRA-regulated broker status (CRD# 7761637) with active registration since 2024.

Joshua Lu's questions to CROWN CASTLE (CCI) leadership

Question · Q4 2025

Joshua Lu, representing Jim Schneider from Goldman Sachs, asked for clarification on bridging the 2026 leasing outlook with 2025 results, specifically inquiring about DISH's annual contribution to organic growth to understand underlying carrier activity. He also asked about the changes and moving parts in leasing activity from 2019-2020 (pre-5G, DISH, Sprint-T-Mobile integration) to the present.

Answer

Sunit Patel, CFO, explained that DISH contributed approximately $50 million to organic growth in 2025, which was purely contractual and not activity-driven. Regarding historical leasing, he noted that the aggressive 5G deployment post-Sprint/T-Mobile merger (April 2020) led to continued densification and amendment activity, making current levels comparable to what was seen back then.

Ask follow-up questions

Fintool

Fintool can predict CROWN CASTLE logo CCI's earnings beat/miss a week before the call

Question · Q4 2025

Joshua Lu asked for a bridge between the 2026 leasing outlook and 2025 reported figures, specifically the annual contribution from DISH to organic growth, and how current leasing activity compares to 2019-2020 levels before major 5G deployments, DISH, and Sprint/T-Mobile integration.

Answer

Sunit Patel, CFO, clarified that DISH contributed approximately $50 million to organic growth in 2025, primarily contractually driven. He noted that current leasing activity, excluding DISH, is comparable to what was seen in the late 5G deployment cycle, with ongoing densification and amendment activity.

Ask follow-up questions

Fintool

Fintool can write a report on CROWN CASTLE logo CCI's next earnings in your company's style and formatting