NASDAQ$SBAC
SBA Communications Corporation · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Reported strong third-quarter results, driven by high levels of wireless deployment and strategic acquisitions.
SBA Communications Corporation reported a strong third quarter with significant growth in revenue, net income, and AFFO per share. The company exceeded consensus estimates, driven by robust wireless carrier activity and successful execution. They updated their full year 2022 outlook and declared a quarterly cash dividend.
- Net income was $99.8 million, or $0.91 per share.
- AFFO per share increased 15.1% over the prior year period on a constant currency basis.
- Total revenue reached $675.6 million, a 14.6% increase over the prior year period.
- The company closed on a deal to purchase 2,632 sites in Brazil.
Headline financials
Revenue & EPS history
SBA · Revenue · Quarterly
$676M
Revenue by segment
SBA · $88.3M total across 1 segment · Q3 2022
- Site Development$88.3M+64.1%100.0%
Forward guidance
The Company is updating its full year 2022 Outlook for anticipated results.
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 2022
-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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