What's in Store for SBA Communications (SBAC) in Q2 Earnings?

Results reflected a fall in net revenues on a year-over-year basis. Higher interest expense on debt obligations and lower contributions from adjusted EBITDA were undermining factors. In the last reported quarter, this Boca Raton, FL-based communications tower REIT reported AFFO per share of $3.29, missing the Zacks Consensus Estimates by a cent. Results were affected by lower site development revenues. However, SBAC witnessed an improvement in site leasing revenues, which supported the results to some exten ...