
With a market cap of around $25 billion, SBA Communications Corporation (SBAC), based in Boca Raton, Florida, is a leading independent owner and operator of wireless communications infrastructure, including towers, buildings, rooftops, distributed antenna systems (DAS), and small cells.
SBAC is scheduled to report its Q2 earnings on Monday, Aug. 4. Ahead of the event, analysts expect the company to report an AFFO of $2.95 per share, down 10.3% from $3.29 per share in the same quarter of the previous year. The company has surpassed Wall Street's bottom-line estimates in the past four quarters.