SBAC
SBA Communications Corp
NASDAQ: SBAC · REAL ESTATE · REIT - SPECIALTY
$215.97
-0.74% today
Updated 2026-04-29
Market cap
$22.91B
P/E ratio
22.02
P/S ratio
8.14x
EPS (TTM)
$9.81
Dividend yield
2.04%
52W range
$162 – $240
Volume
1.3M
SBA Communications Corp (SBAC) Earnings
Quarterly earnings history, analyst estimates, and stock price reaction.
EPS beat streak
4 of 8
Last 8 quarters
Avg EPS surprise
-14.8%
Last 4 quarters
Revenue YoY growth
+3.7%
Most recent quarter
EPS YoY growth
+49.2%
Most recent quarter
Earnings surprise history (last 12 quarters)
Beat estimate Missed estimate
Quarterly EPS and revenue trend
Quarterly revenue EPS (diluted)
How the stock reacts to earnings
Avg 1-day reaction
+0.8%
Last 3 reports
Positive reaction rate
67%
2 of 3 quarters
Largest single-day move
+2.5%
2025-11-03
| Report date | EPS actual | Surprise | Close before | Close after | 1-day reaction |
|---|---|---|---|---|---|
| 2026-02-26 | $3.47 | -8.4% | $197.17 | $201.16 | +2.0% |
| 2025-11-03 | $2.20 | +0.5% | $191.48 | $196.20 | +2.5% |
| 2025-07-28 | $1.81 | -13.3% | $233.92 | $228.92 | -2.1% |
Quarterly earnings history
| Fiscal quarter ending | EPS estimate | EPS actual | Surprise | Revenue | YoY revenue |
|---|---|---|---|---|---|
| 2025-12-31 | $3.79 | $3.47 | -8.4% | $719.58M | +3.7% |
| 2025-09-30 | $2.19 | $2.20 | +0.5% | $732.33M | +9.7% |
| 2025-06-30 | $2.09 | $1.81 | -13.3% | $698.98M | +5.8% |
| 2025-03-31 | $2.32 | $1.44 | -37.8% | $664.25M | +1.0% |
| 2024-12-31 | $2.28 | $2.33 | +1.9% | $693.70M | +2.8% |
| 2024-09-30 | $2.27 | $2.40 | +5.7% | $667.60M | -2.2% |
| 2024-06-30 | $2.07 | $1.51 | -27.1% | $660.48M | -2.7% |
| 2024-03-31 | $1.21 | $1.42 | +17.4% | $657.86M | — |
| 2023-12-31 | $1.37 | $1.01 | -26.3% | $675.02M | — |
| 2023-09-30 | $1.19 | $0.80 | -32.8% | $682.54M | — |
| 2023-06-30 | $1.22 | $1.87 | +53.3% | $678.50M | — |
Analyst EPS and revenue estimates for upcoming years
| Period | EPS estimate | Revenue estimate | Revenue growth | Analysts | Confidence |
|---|---|---|---|---|---|
| 2026 (E) | $8.59 | $2.9B | +3.0% | 19 | high |
| 2027 (E) | $9.23 | $3.0B | +2.5% | 19 | high |
| 2028 (E) | $9.75 | $3.1B | +2.9% | 19 | medium |
| 2029 (E) | $10.35 | $3.1B | +3.1% | 19 | medium |
Frequently asked questions
Has SBA Communications Corp beaten earnings estimates?
SBA Communications Corp has beaten Wall Street EPS estimates in 4 of its last 8 quarterly reports, with an average EPS surprise of -14.8% over the last 4 quarters.
How does SBAC stock react to earnings?
SBAC stock has moved an average of +0.8% in the trading day following earnings over its last 3 reports, with positive reactions in 67% of those quarters.
What is SBA Communications Corp's revenue growth rate?
SBA Communications Corp reported year-over-year revenue growth of +3.7% in its most recent quarter, with EPS growing +49.2% year-over-year.
What is the expected EPS for SBAC in 2026?
Analysts expect SBA Communications Corp to report EPS of $8.59 for fiscal year 2026, on revenue of $2.9B, based on estimates from 19 analysts.