SBA Communications Corp (SBAC) Reports Q2 FFO of $1.42, Offers Guidance
SBA Communications Corp (NASDAQ: SBAC) reported Q2 EPS of $1.42, may not compare to the analyst estimate of $0.09. Revenue for the quarter came in at $410.7 million versus the consensus estimate of $410.17 million.
| Quarter ending | Full | ||||||||||||||
| September 30, 2015 | Year 2015 | ||||||||||||||
| ($'s in millions) | |||||||||||||||
| Site leasing revenue (1) | $ | 367.5 | to | $ | 372.5 | $ | 1,474.0 | to | $ | 1,489.0 | |||||
| Site development revenue | $ | 35.5 | to | $ | 40.5 | $ | 149.0 | to | $ | 159.0 | |||||
| Total revenues | $ | 403.0 | to | $ | 413.0 | $ | 1,623.0 | to | $ | 1,648.0 | |||||
| Tower Cash Flow | $ | 282.5 | to | $ | 287.5 | $ | 1,133.0 | to | $ | 1,148.0 | |||||
| Adjusted EBITDA | $ | 271.5 | to | $ | 276.5 | $ | 1,086.0 | to | $ | 1,101.0 | |||||
| Net cash interest expense (2) | $ | 80.0 | to | $ | 82.0 | $ | 315.0 | to | $ | 320.0 | |||||
| Non-discretionary cash capital expenditures (3) | $ | 8.5 | to | $ | 9.5 | $ | 30.0 | to | $ | 35.0 | |||||
| AFFO | $ | 177.5 | to | $ | 186.5 | $ | 721.0 | to | $ | 749.0 | |||||
| Discretionary cash capital expenditures (4) | $ | 115.0 | to | $ | 125.0 | $ | 580.0 | to | $ | 600.0 | |||||
For earnings history and earnings-related data on SBA Communications Corp (SBAC) click here.