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SBA Communications Corporation (SBAC)
NASDAQ:SBAC
Earnings Data
Report Date
Aug 04, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
2.1Last Year’s EPS
1.51Same Quarter Last Year
Moderate Buy
Based on 15 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Apr 28, 2025
|% Change Since: 2.73%
|Next Earnings Date:Aug 04, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a balanced view with significant achievements in domestic leasing growth, increased guidance, and strategic capital management. However, these were countered by challenges related to Sprint-related churn and international market churn, as well as negative straight-line revenue. The sentiment reflects a company that is navigating challenges while capitalizing on growth opportunities.Company Guidance
During the SBA's first quarter 2025 earnings call, the company provided updated guidance based on a strong start to the year. SBA increased its full-year outlook for several key metrics, including Site Leasing Revenue, Tower Cash Flow, Adjusted EBITDA, Adjusted Funds from Operations (AFFO), and AFFO per Share. The primary drivers for these increases included domestic organic leasing revenue growth of 5.2% on a gross basis and 1% on a net basis, alongside a 4.2% churn. Additionally, international organic leasing revenue growth was 1.6% net, with total international churn remaining elevated at 5.6%, largely due to carrier consolidation. SBA's U.S.-based Services business also performed well, surpassing expectations and contributing to the improved outlook. The company further demonstrated confidence by repurchasing 583,000 shares at an average price of $210.87 and announced a new $1.5 billion share repurchase plan. The leasing backlog increased, driven by new applications, and the mix of new leasing business shifted towards new lease colocations rather than amendments, signaling robust future growth.Strong Domestic Leasing Growth
The U.S. mobile network operator customers increased their network investments, leading to the best quarter in several years for new domestic leasing business. The leasing backlog also grew, indicating a positive outlook for the rest of the year.
Increased Full Year Outlook for Services
Due to a strong start to the year and a growing backlog, SBA increased its full-year outlook for its Services business.
Successful Portfolio Management and Capital Allocation
SBA completed its exit from the Philippines and Colombia, improving focus and resource allocation. Additionally, SBA closed a portion of the Central American sites acquisition earlier than expected and announced a new $1.5 billion share repurchase plan.
Increased Full Year Guidance for Key Metrics
Full year guidance for Site Leasing Revenue, Tower Cash Flow, Adjusted EBITDA, AFFO, and AFFO Per Share was increased.
Share Repurchase and Dividend Growth
SBA repurchased 583,000 shares and announced a new $1.5 billion share repurchase plan. The quarterly dividend was increased by approximately 13% over the prior year.
SBAC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SBAC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 28, 2025 | $222.21 | $237.36 | +6.82% |
Feb 24, 2025 | $210.74 | $217.00 | +2.97% |
Oct 28, 2024 | $236.50 | $228.43 | -3.41% |
Jul 29, 2024 | $213.74 | $213.86 | +0.06% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does SBA Communications Corporation (SBAC) report earnings?
SBA Communications Corporation (SBAC) is schdueled to report earning on Aug 04, 2025, TBA Not Confirmed.
What is SBA Communications Corporation (SBAC) earnings time?
SBA Communications Corporation (SBAC) earnings time is at Aug 04, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SBAC EPS forecast?
SBAC EPS forecast for the fiscal quarter 2025 (Q2) is 2.1.