Earnings Alerts

SBA Communications (SBAC) Earnings: 2Q AFFO/Share Surpasses Estimates with Strong Revenue Growth

  • SBA Communications reported an AFFO/share of $3.17, outperforming estimates of $3.13, though slightly down from $3.29 last year.
  • The AFFO for the quarter was $342.1 million, a decrease of 3.4% from the previous year, but exceeded the estimate of $338.5 million.
  • Revenue rose by 5.8% year-over-year to $699.0 million, surpassing the estimated $672.1 million.
  • Adjusted EBITDA reached $475.5 million, an increase of 1.8% from the previous year, beating the forecast of $468.1 million.
  • The Adjusted EBITDA margin was 68.1%, lower than last year’s 71.3%, and missed the estimate of 69.4%.
  • Capital expenditure increased by 12% year-over-year to $55.9 million.
  • The company attributed its improved full-year 2025 outlook to strong leasing results, steady backlogs, early Millicom closing, and favorable foreign currency impacts.
  • Current market analysis shows 12 buy ratings, 10 hold ratings, and no sell ratings.

A look at Sba Communications Smart Scores

FactorScoreMagnitude
Value0
Dividend3
Growth4
Resilience5
Momentum4
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Looking ahead, SBA Communications Corporation demonstrates a mixed performance based on the Smartkarma Smart Scores. With a solid resilience score of 5, the company shows strength in weathering market fluctuations and challenges. This resilience is complemented by growth and momentum scores of 4 each, reflecting positive trends in the company’s expansion and market performance. On the other hand, SBA Communications scores lower in terms of value, indicating that investors may need to consider other factors beyond just the current valuation.

SBA Communications Corporation, known for owning and operating wireless communications infrastructure in the United States, offers a range of services including site leasing, development, and construction. By leasing antenna space on its multi-tenant towers to various wireless service providers under long-term contracts, the company plays a crucial role in the telecommunications industry. With a diverse portfolio of services, SBA Communications remains positioned to capitalize on growth opportunities in the evolving digital landscape.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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