logo
  

SBA Communications Lifts FY22 Outlook

While reporting its results for the second quarter on Monday, SBA Communications Corp. (SBAC) lifted its outlook for the full year 2022.

For the full year 2022, the company now expects AFFO of $11.87 to $12.24 per share and revenues of $2.56 billion to $2.60 billion last year.

Previously, the company expected AFFO of $11.72 to $12.09 per share and revenues of $2.49 billion to $2.53 billion.

Analysts polled by Thomson Reuters currently estimate earnings of $4.55 per share on revenues of $2.51 billion. Analysts' estimates typically exclude one-time items.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Nestle Purina PetCare Co. has recalled a limited amount of certain prescription wet dog food citing labeling error, the U.S. Food and Drug Administration said. The recall involves Purina Pro Plan Veterinary Diets EN Gastroenteric Low Fat or PPVD EN Low Fat wet dog food that comes in 13.4 oz cans. Exportadora Copramar is recalling 1260 cases of James Farm frozen raspberries citing potential to be contaminated with Hepatitis A, the U.S. Food and Drug Administration said. The recall involves James Farm branded frozen raspberries identified by UPC Code: 76069501010 and Lot Code - 22-165. American Honda Motor Co, Inc. has recalled about 2,900 units of 2022 model year Honda TRX90X All-Terrain Vehicles (ATVs) sold in the United States for possible crash and injury hazard, according to a statement issued by the U.S. Consumer Product Safety Commission or CPSC.
Follow RTT