SBA Communications Corporation Reports Fourth Quarter 2018 Results

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SBA Communications (SBAC) Tops Q4 EPS by 7c, Revenues Beat; Offers FY19 Revenue Guidance Below Consensus

February 21, 2019 4:15 PM EST

SBA Communications (NASDAQ: SBAC) reported Q4 EPS of $0.50, $0.07 better than the analyst estimate of $0.43. Revenue for the quarter came in at $483.85 million versus the consensus estimate of $472.75 million.

Net income of $57.2 million or $0.50 per shareAFFO per share growth of 15.2% over the year earlier period on a constant currency basisAdded 221 sites to our portfolio during the quarter, growing our portfolio 6.0% for the yearRepurchased 2.2 million shares during the... More