Why Is SBA Communications (SBAC) Down 3.1% Since Last Earnings Report?

Company Overview - SBA Communications shares have decreased by approximately 3.1% over the past month, underperforming the S&P 500 index [1] - Recent earnings report indicates that estimates have trended upward during the past month [2] VGM Scores - SBA Communications has an average Growth Score of C and a Momentum Score of B, while it received a D grade on the value side, placing it in the bottom 40% for this investment strategy [3] - The overall aggregate VGM Score for the stock is C, which is relevant for investors not focused on a single strategy [3] Outlook - The upward trend in estimates suggests a promising outlook for SBA Communications, with a Zacks Rank of 3 (Hold), indicating an expectation of in-line returns in the coming months [4] Industry Performance - SBA Communications is part of the Zacks REIT and Equity Trust - Other industry, where SL Green (SLG) has gained 7.4% over the past month [5] - SL Green reported revenues of $144.52 million for the last quarter, reflecting a year-over-year increase of 12.7%, but its EPS was -$0.30 compared to $3.07 a year ago [5] - SL Green is expected to post earnings of $1.38 per share for the current quarter, which represents a year-over-year decline of 32.7% [6]