NASDAQ$SBAC
SBA Communications Corporation · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
SBA Communications Corporation reported strong financial results, exceeding expectations and raising the full year 2020 outlook across key metrics.
SBA Communications Corporation reported strong third quarter results, with net income of $22.6 million and site leasing revenue of $486.8 million. The company saw AFFO per share growth of 15.3% and repurchased 1.0 million shares. They also increased the full year 2020 outlook for revenue, tower cash flow, adjusted EBITDA, and AFFO.
- Net income was $22.6 million, or $0.20 per share, and site leasing revenue reached $486.8 million.
- AFFO per share grew by 15.3% compared to the previous year on a constant currency basis.
- The company repurchased 1.0 million shares cumulatively during the third quarter and subsequent to quarter end.
- Full year 2020 outlook was increased for Revenue, Tower Cash Flow, Adjusted EBITDA, and AFFO.
Headline financials
Revenue & EPS history
SBA · Revenue · Quarterly
$523M
Revenue by segment
SBA · $36.2M total across 1 segment · Q3 2020
- Site Development$36.2M—100.0%
Forward guidance
The Company is updating its full year 2020 Outlook for anticipated results. The Outlook provided is based on a number of assumptions that the Company believes are reasonable at the time of this press release.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2020
-0.1%
Avg return
Earnings day
+0.4%
Avg return
5 days after
+0.7%
Avg return
30 days after
50%
32 / 64 earnings
Positive
+9.4%
Q3 2023
Best reaction
-9.6%
Q2 2011
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.7% | +0.1% | -6.6% | |
| Q4 2025 | +4.7% | +2.2% | -13.1% | |
| Q3 2025 | +1.3% | +2.0% | -1.8% | |
| Q1 2025 | +6.8% | +8.4% | +3.1% | |
| Q4 2024 | +3.0% | +2.4% | +1.7% | |
| Q3 2024 | -4.2% | -6.7% | -5.5% | |
| Q2 2024 | +1.5% | +7.0% | +6.0% | |
| Q1 2024 | -5.2% | -1.6% | -5.0% | |
| Q4 2023 | -6.1% | -2.2% | +2.4% | |
| Q3 2023 | +9.4% | +5.8% | +20.7% | |
| Q2 2023 | -2.4% | -3.5% | -2.8% | |
| Q1 2023 | -5.3% | -8.2% | -15.0% | |
| Q4 2022 | -7.9% | -8.3% | -12.2% | |
| Q3 2022 | +2.1% | +0.9% | +10.8% | |
| Q2 2022 | +0.7% | +2.9% | -3.1% | |
| Q1 2022 | -4.1% | -5.3% | -5.5% | |
| Q4 2021 | +3.2% | +7.8% | +11.8% | |
| Q3 2021 | +3.8% | -0.3% | -1.7% | |
| Q2 2021 | +1.5% | +1.8% | +7.4% | |
| Q1 2021 | -0.6% | +1.1% | +0.7% | |
| Q4 2020 | -5.0% | -2.5% | +4.1% | |
| Q3 2020 | +0.2% | +5.6% | -2.0% | |
| Q2 2020 | -0.4% | -0.1% | +0.8% | |
| Q1 2020 | -0.1% | +1.2% | +4.2% | |
| Q4 2019 | +2.0% | +0.4% | -20.9% | |
| Q3 2019 | -2.2% | -1.6% | -2.7% | |
| Q2 2019 | +4.9% | +5.0% | +11.1% | |
| Q1 2019 | +1.3% | +2.9% | +1.3% | |
| Q4 2018 | -0.2% | -1.1% | +7.7% | |
| Q3 2018 | +0.8% | +4.0% | +3.0% | |
| Q2 2018 | -1.1% | -1.0% | -1.6% | |
| Q1 2018 | -0.9% | +0.1% | +0.0% | |
| Q4 2017 | -5.6% | -11.6% | -1.4% | |
| Q3 2017 | +7.1% | +5.3% | +15.7% | |
| Q2 2017 | -0.2% | +1.7% | +11.2% | |
| Q1 2017 | +2.0% | +2.5% | +9.2% | |
| Q4 2016 | +4.1% | +3.4% | +7.8% | |
| Q3 2016 | -5.2% | -6.4% | -15.2% | |
| Q2 2016 | +2.0% | +0.5% | +1.0% | |
| Q1 2016 | -3.9% | — | — | |
| Q4 2015 | -1.1% | — | — | |
| Q3 2015 | -8.6% | — | — | |
| Q2 2015 | +1.0% | — | — | |
| Q1 2015 | -1.2% | — | — | |
| Q4 2014 | +4.1% | — | — | |
| Q3 2014 | -1.7% | — | — | |
| Q2 2014 | -1.2% | — | — | |
| Q1 2014 | +5.7% | — | — | |
| Q4 2013 | -3.2% | — | — | |
| Q3 2013 | +4.0% | — | — | |
| Q2 2013 | -1.0% | — | — | |
| Q1 2013 | +1.1% | — | — | |
| Q4 2012 | +1.0% | — | — | |
| Q3 2012 | +0.4% | — | — | |
| Q2 2012 | +0.1% | — | — | |
| Q1 2012 | -0.4% | — | — | |
| Q4 2011 | +1.6% | — | — | |
| Q3 2011 | -1.7% | — | — | |
| Q2 2011 | -9.6% | — | — | |
| Q1 2011 | +2.1% | — | — | |
| Q4 2010 | -0.8% | — | — | |
| Q3 2010 | -2.1% | — | — | |
| Q2 2010 | +1.6% | — | — | |
| Q1 2010 | +3.0% | — | — |
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