SBA Communications Corporation is a leading owner and operator of wireless communications infrastructure with a market cap of around $25 billion. Analysts expect a 10.3% decrease in Q2 AFFO from the previous year, but the company has exceeded Wall Street estimates in the past four quarters.

For fiscal 2025, analysts predict a 9.5% decrease in AFFO, but a 2.6% increase is expected in fiscal 2026. SBAC stock has outperformed the Real Estate Select Sector SPDR Fund, rising 9.2% over the past 52 weeks.

After reporting Q1 earnings, SBAC saw a marginal rise in shares. Revenue increased by 1% year-over-year, beating Street estimates. AFFO per share was $3.18, surpassing expectations by 7.1%. Wall Street analysts cautiously recommend SBAC stock, with an overall “Moderate Buy” rating.

SBA Communications Corporation is set to report its Q2 earnings on Monday, Aug. 4. Analysts anticipate an AFFO of $2.95 per share, down 10.3% from the previous year. The stock is trading below the average analyst price target of $253.28.

Read more at Yahoo Finance: Here’s What to Expect From SBA Communications’ Next Earnings Report