SBA Communications (NASDAQ:SBAC) reported its Q3 earnings results on Monday, November 1, 2021 at 04:00 PM.
Here’s what investors need to know about the announcement.
Earnings
SBA Communications reported in-line EPS of $0.43 versus an estimate of $0.83, which surprised analysts.
Revenue was up $66,365,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.69, which was followed by a 1.07% increase in the share price the next day.
Here’s a look at SBA Communications’s past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.68 | 0.33 | 0.52 | 0.46 |
| EPS Actual | 1.37 | -0.11 | 0.94 | 0.20 |
| Revenue Estimate | 558.05M | 539.32M | 528.96M | 516.04M |
| Revenue Actual | 575.53M | 548.74M | 535.90M | 522.94M |
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