Canaccord Genuity Earnings Preview for AMT, SBAC and CBEY
Tweet
Share
E-mailGet Alerts AMT Hot Sheet
Price: $171.30 +0.18%
Rating Summary:
26 Buy, 9 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 17
Rating Summary:
26 Buy, 9 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 17
Join SI Premium – FREE
Canaccord Genuity Earnings Preview for AMT, SBAC and CBEY
Analyst, Greg Miller, on American Tower (NYSE: AMT): If American Tower follows Crown Castle's (NYSE: CCI) footsteps in signing an MLA with T-Mobile USA, we believe it would be received favorably by investors as it would not only lock in a longer-term contract with the carrier, but also effectively de-risk any potential future M&A activity involving T-Mobile USA. It is our opinion that American Tower is best positioned to acquire those assets without diluting its AFFO metric for 2012 and 2013. Currency headwinds should be well understood. (Sees EPS of $0.40 vs. $0.40 consensus)
SBA Communications (Nasdaq: SBAC) (Thursday after close): Focus to shift more to integrations Following the successful completion of the Mobilitie acquisition earlier this year and the recently announced TowerCo deal, we believe the next strategic priority for SBAC will likely be shifted more to integrating these large portfolios.
CBeyond (Nasdaq: CBEY) (Wednesday after close) – the cloud chase continues: As the first full quarter following the company’s announced transition to a more cloud-based business model, we believe all eyes will be squarely on the migration progress so far and whether the core resale business has been disrupted to the extent that many investors have assumed. (Sees loss of $0.03 vs. consensus for loss of $0.02)
Analyst, Greg Miller, on American Tower (NYSE: AMT): If American Tower follows Crown Castle's (NYSE: CCI) footsteps in signing an MLA with T-Mobile USA, we believe it would be received favorably by investors as it would not only lock in a longer-term contract with the carrier, but also effectively de-risk any potential future M&A activity involving T-Mobile USA. It is our opinion that American Tower is best positioned to acquire those assets without diluting its AFFO metric for 2012 and 2013. Currency headwinds should be well understood. (Sees EPS of $0.40 vs. $0.40 consensus)
SBA Communications (Nasdaq: SBAC) (Thursday after close): Focus to shift more to integrations Following the successful completion of the Mobilitie acquisition earlier this year and the recently announced TowerCo deal, we believe the next strategic priority for SBAC will likely be shifted more to integrating these large portfolios.
CBeyond (Nasdaq: CBEY) (Wednesday after close) – the cloud chase continues: As the first full quarter following the company’s announced transition to a more cloud-based business model, we believe all eyes will be squarely on the migration progress so far and whether the core resale business has been disrupted to the extent that many investors have assumed. (Sees loss of $0.03 vs. consensus for loss of $0.02)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Growth isn't weak enough to truly undercut inflation pressures - BMO
- American International Group (AIG) PT Raised to $89 at Piper Sandler
- Alpine Income Property Trust (PINE) PT Lowered to $18 at Jones Trading
Create E-mail Alert Related Categories
Analyst Comments, Analyst EPS ViewRelated Entities
Earnings, Canaccord GenuitySign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
