Preview: SBA Communications's Earnings

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On Monday, August 03, SBA Communications SBAC will release its latest earnings report. Here is Benzinga's outlook for the company.

Earnings and Revenue

SBA Communications earnings will be near $0.3 per share on sales of $501.81 million, according to analysts. In the same quarter last year, SBA Communications reported EPS of $0.280 on revenue of $500.15 million. If the company were to match the consensus estimate when it reports Monday, earnings would be up 7.14%. Revenue would be up 2.3% on a year-over-year basis. Here's how the company's reported EPS has compared to analyst estimates in the past:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019
EPS Estimate 0.40 0.39 0.34 0.22
EPS Actual 0.38 0.59 0.19 0.28
Revenue Estimate 513.61 M 506.90 M 496.76 M 488.60 M
Revenue Actual 517.07 M 513.66 M 507.55 M 500.15 M

Stock Performance

Over the last 52-week period, shares are up 27.87%. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. SBA Communications is scheduled to hold the call at 17:00:00 ET and can be accessed here: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Fir.sbasite.com%2Fnews-and-events%2Fdefault.aspx&eventid=2403561&sessionid=1&key=18CD3611A61405453B52444E4535E1DF&regTag=&sourcepage=register

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Posted In: Earnings
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