SBA Communications Corporation Reports 4th Quarter 2016 Results; Provides Full Year 2017 Outlook
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SBA Communications (SBAC) Misses Q4 EPS by 7c; AFFO Up 14%
February 27, 2017 4:06 PM ESTSBA Communications (NASDAQ: SBAC) reported Q4 EPS of $0.04, $0.07 worse than the analyst estimate of $0.11. Revenue for the quarter came in at $416.5 million versus the consensus estimate of $416.92 million.
Highlights of the fourth quarter include:
Repurchased 3.4 million sharesNet income of $5.3 million or $0.04 per shareAFFO per share growth of 14% over the... More