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0 0.000624667422437092 0.0104573953682067 0.0129287227128654 0.0143484214002224 0.0148216542960081 0.0155052129232541 0.0144010028330876
Stock impact report

SBA Communications: Q4 Earnings Snapshot [Yahoo! Finance]

SBA Communications Corporation - Class A (SBAC) 
Last sba communications corporation - class a earnings: 2/20 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.sbasite.com
Company Research Source: Yahoo! Finance
BOCA RATON, Fla. (AP) — BOCA RATON, Fla. (AP) — SBA Communications Corp. (SBAC) on Thursday reported a key measure of profitability in its fourth quarter. The results fell short of Wall Street expectations. The real estate investment trust, based in Boca Raton, Florida, said it had funds from operations of $340.4 million, or $3.19 per share, in the period. The average estimate of four analysts surveyed by Zacks Investment Research was for funds from operations of $3.25 per share. Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization. The company said it had net income of $370.3 million, or $3.47 per share. The communications tower operator, based in Boca Raton, Florida, posted revenue of $719.6 million in the period, which also did not meet Street forecasts. Three analysts surveyed by Zacks expected $724.9 million. SBA Communications expects full-year funds from operations in Show less Read more
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