SBA Communications (NASDAQ:SBAC) reported its Q2 earnings results on Monday, August 1, 2022 at 04:00 PM.
Here’s what investors need to know about the announcement.
Earnings
SBA Communications missed estimated earnings by 28.89%, reporting an EPS of $0.64 versus an estimate of $0.9.
Revenue was up $76.48 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.72 which was followed by a 2.43% drop in the share price the next day.
Here’s a look at SBA Communications’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 1 | 0.69 | 0.83 | 0.68 |
| EPS Actual | 1.72 | 0.44 | 0.43 | 1.37 |
| Revenue Estimate | 603.32M | 591.27M | 576.55M | 558.05M |
| Revenue Actual | 619.77M | 595.26M | 589.30M | 575.53M |
To track all earnings releases for SBA Communications visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
