SBAC rides on rising mobile data usage, long-term leases, expansion into high-growth markets and robust dividends to attract investors' attention.
SBA Communications (SBAC) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
SBAC shares rally 9.3% in three months, fueled by tower portfolio growth, 5G tailwinds and capital-return moves.
SBA Communications (SBAC) reported earnings 30 days ago. What's next for the stock?
SBAC is set for healthy growth with extensive infrastructure assets amid rising consumer demand and adoption of data-driven mobile devices and applications.
SBAC's Q1 results reflect significant growth in site-development revenues. However, higher costs and interest expenses ail.
SBA Communications Corporation (NASDAQ:SBAC ) Q1 2025 Earnings Conference Call April 28, 2025 5:00 PM ET Company Participants Mark DeRussy - VP, Finance Brendan Cavanagh - President and CEO Marc Montagner - CFO Conference Call Participants Jim Schneider - Goldman Sachs Jonathan Atkin - RBC Capital Markets Batya Levi - UBS Walter Piecyk - LightShed Michael Rollins - Citi Matt Niknam - Deutsche Bank Nick Del Deo - MoffettNathanson Eric Luebchow - Wells Fargo Brandon Nispel - KeyBanc Mike Funk - Bank of America Ric Prentiss - Raymond James Ben Swinburne - Morgan Stanley Richard Choe - JPMorgan Jonathan Chaplin - New Street David Guarino - Green Street Ari Klein - BMO Capital Markets Operator Welcome, and thank you for joining the SBA First Quarter 2025 Results. This call is being recorded.
Although the revenue and EPS for SBA Communications (SBAC) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
SBA Communications (SBAC) came out with quarterly funds from operations (FFO) of $3.16 per share, beating the Zacks Consensus Estimate of $3.12 per share. This compares to FFO of $3.29 per share a year ago.
Besides Wall Street's top -and-bottom-line estimates for SBA Communications (SBAC), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2025.
SBAC's Q1 earnings are likely to have been affected by ongoing consolidation in the wireless industry and higher churn.
SBA Communications (SBAC) witnessed a jump in share price last session on above-average trading volume. The latest trend in FFO per share estimate revisions for the stock suggests that there could be more strength down the road.