[b]Earnings Overview for SBA Communications Corporation (SBAC) upcoming performance release[/b]
[b] SBA Communications Corporation[/b] (SBAC) is scheduled to release last fiscal quarter's results after the closing bell on October 31, 2011.
SBAC trades an average of 1.4 million shares per day.
SBA Communications Corporation owns and operates wireless communications towers primarily in the United States, Canada, Costa Rica, El Salvador, and Panama. The company was founded in 1989 and is headquartered in Boca Raton, Florida.
[b]52 Week High: $44.44[/b]
[b]52 Week Low: $32.36[/b]
[b]Book Value: $1.01[/b]
[b]Float Short: 8.43%[/b]
Analysts are expecting an improvement of $0.03 in earnings per share compared to last quarter's results of $-0.26. The reporting quarter's [b]estimated mean earnings are $-0.23 per share[/b]. Analyst estimates range between $-0.28 and $-0.04 per share.
In the last month, the stock has increased in price 6.14%, and moving in price -2.19% from one year ago.
When comparing to the S&P 500, the year to date difference is -4.05%.
For the same fiscal period year-over-year, revenue has improved to $626.62 million for 2010 vs. $555.51 million for 2009. The bottom line has falling earnings year-over-year of $-194.67 million for 2010 vs. $-140.87 million for 2009.The company's earnings before income and taxes are rising with an EBIT year-over-year of $74.27 million for 2010 vs. $54.95 million for 2009.
Here is a look at the fiscal year revenue.
[img]http://www.paid2trade.com/SAForm/BarChartPics/SBAC-gross-revenue-fiscal-year-history-in-dollars-bar-chart-10-27-11.png[/img]
Gross reported revenue compared to the mean estimate (rounded).
[table][tr][td]Fiscal Quarter Ending Month-Year[/td] [td]Revenue Estimates[/td] [td]Actual[/td] [td]$ Difference[/td] [td]Difference %[/td][/tr] [tr][td]Jun-11[/td][td]$ 171.86 M[/td][td]$ 171.05 M[/td][td][color=Red]$ -0.81 M[/color][/td][td]-0.47%[/td][/tr][tr][td]Mar-11[/td][td]$ 166.76 M[/td][td]$ 167.75 M[/td][td]$ 0.99 M[/td][td]0.59%[/td][/tr][tr][td]Dec-10[/td][td]$ 162.48 M[/td][td]$ 165.50 M[/td][td]$ 3.02 M[/td][td]1.86%[/td][/tr][tr][td]Sep-10[/td][td]$ 157.33 M[/td][td]$ 158.64 M[/td][td]$ 1.31 M[/td][td]0.83%[/td][/tr][tr][td]Jun-10[/td][td]$ 151.49 M[/td][td]$ 154.51 M[/td][td]$ 3.02 M[/td][td]1.99%[/td][/tr][/table]M = millions, B = billions
Differences are rounded. (Some onetime items are often excluded in reported EPS)
[img]http://www.paid2trade.com/SAForm/BarChartPics/SBAC-PerShareEarningsSurprises-10-27-11.png[/img]
Reported earnings per share compared to the mean estimate. Differences are rounded.
The total short interest number of shares for SBAC
[img]http://www.paid2trade.com/SAForm/BarChartPics/SBAC-ShortInterestData-10-27-11.png[/img]
The number of days to cover short interest based on average daily trading volume for SBAC.
[img]http://www.paid2trade.com/SAForm/BarChartPics/SBAC-DaysToCoverData.php-10-27-11.png[/img]
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I use a proprietary blend of technical analysis, financial crowd behavior, and fundamentals in my short-term trades, and while not totally the same in longer swing trades to investments, the concepts used are similar. You may want to use this article as a starting point of your own research with your financial planner. I use Seeking Alpha, Edgar Online, and Yahoo Finance for most of my data. I use the "confirmed" symbols from earnings.com that I believe to be of the most interest.
2011, October 27 - 13:13
#1
SBA Communications Earnings Estimate $SBAC