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SBA Communications Corporation Q1 adjusted earnings Beat Estimates

Below are the earnings highlights for SBA Communications Corporation (SBAC):

-Earnings: -$127.06 million in Q1 vs. $25.99 million in the same period last year.
-EPS: -$1.14 in Q1 vs. $0.23 in the same period last year.
-Excluding items, SBA Communications Corporation reported adjusted earnings of $259.86 million or $2.28 per share for the period.
-Analysts projected $0.40 per share
-Revenue: $517.07 million in Q1 vs. $493.29 million in the same period last year.

-Guidance:
Full year EPS guidance: $8.89 - $9.29
Full year revenue guidance: $2040 - $2080 Mln

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