JPMorgan Downgrades SBA Communications (SBAC) to Neutral

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SBA Communications Corp (SBAC) Tops Q1 FFO by 3c

May 2, 2016 5:07 PM EDT

SBA Communications Corp (NASDAQ: SBAC) reported Q1 FFO of $1.45, $0.03 better than the analyst estimate of $1.42. Revenue for the quarter came in at $399.77 million versus the consensus estimate of $398.68 million.

GUIDANCE:

SBA Communications Corp sees Q2 2016 revenue of $396-406 million, versus the... More