SBA(US:SBAC) ZACKSยท2025-04-23 14:21Core Viewpoint - Analysts project that SBA Communications (SBAC) will report quarterly earnings of $3.12 per share, reflecting a year-over-year decline of 5.2%, with revenues expected to reach $657 million, a slight decline of 0.1% from the same quarter last year [1]. Earnings Estimates - The consensus EPS estimate has been revised downward by 0.1% over the past 30 days, indicating a collective reassessment by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock performance [3]. Revenue Projections - Analysts estimate 'Revenues- Site Development' to be $37.21 million, a year-over-year increase of 25.8% [5]. - The consensus for 'Revenues- International Site Leasing' is $159.66 million, indicating a decline of 4.3% from the previous year [5]. - 'Revenues- Domestic Site Leasing' is projected to reach $460.44 million, reflecting a slight decline of 0.2% year-over-year [5]. - Total 'Revenues- Site Leasing' is expected to be $620.10 million, down 1.3% from the previous year [6]. Site Ownership and Development - Analysts predict 'Sites owned - Domestic' to be 17,463, slightly down from 17,478 reported in the same quarter last year [6]. - 'Sites owned - International' is expected to reach 22,379, up from 22,160 in the previous year [7]. - The total 'Sites owned' is projected at 39,875, compared to 39,638 reported last year [8]. - The estimate for 'Sites acquired - Total' is 36, significantly up from 11 in the previous year [8]. Operating Profit Estimates - 'Segment operating profit- Site Leasing (Domestic + International)' is expected to be $504.10 million, down from $513.46 million year-over-year [9]. - 'Segment operating profit- Site Development' is projected at $8.75 million, an increase from $6.41 million reported in the same quarter last year [9]. - 'Depreciation, accretion and amortization' is estimated to be $67.77 million, down from $76.75 million in the previous year [10]. Stock Performance - Shares of SBA Communications have increased by 8% over the past month, contrasting with a decline of 6.6% in the Zacks S&P 500 composite [10].