Earnings Outlook For SBA Comms
Portfolio Pulse from Benzinga Insights
SBA Comms (NASDAQ:SBAC) is set to release its latest quarterly earnings report on July 31, 2023. Analysts estimate an earnings per share (EPS) of $3.14. The company's past performance shows a trend of share price drops following earnings misses. The stock is currently trading at $222.4, down 33.93% over the last 52-week period.
July 28, 2023 | 4:02 pm
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SBA Comms is expected to report an EPS of $3.14 in its upcoming earnings release. The company's stock has historically dropped following earnings misses, and it is currently down 33.93% over the last 52 weeks.
SBA Comms has a history of share price drops following earnings misses. Given that the stock is already down significantly over the past year, another earnings miss could further depress the stock price. However, if the company beats the earnings estimate, it could provide a positive catalyst for the stock.
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