With a market cap of around $20.2 billion, SBA Communications Corporation (SBAC) is a leading wireless infrastructure REIT headquartered in Florida. The company owns, operates, and develops a vast portfolio of wireless communication towers and related infrastructure, leasing space to mobile network operators to support reliable wireless connectivity across the United States, Canada, and Latin America.
SBAC is scheduled to report its Q2 earnings soon. Ahead of the event, analysts expect the company to report an AFFO of $2.76 per share, down 12.9% from $3.17 per share in the same quarter of the previous year. The company has consistently surpassed Wall Street's bottom-line estimates in the past four quarters.
