Earnings ·
Reports Q3 EPS of $2.19, declares $1.25 quarterly dividend, updates full-year outlook
SBACSba Communications Corp
SBA Communications reported third-quarter net income attributable to SBA of $231.3 million, or $2.19 per share, with industry-leading AFFO per share of $3.19. The company repurchased 1.7 million shares for $300 million and established a $2.5 billion commercial paper program. It also sold towers in Chile and Ecuador and agreed to sell assets in Peru. The Board declared a quarterly cash dividend of $1.25 per share, payable December 10, 2026, to shareholders of record on November 12, 2026. SBA updated its full-year 2026 outlook for site leasing revenue and AFFO. SBA Communications is a leading independent owner and operator of wireless communications infrastructure including towers, buildings, rooftops, distributed antenna systems (DAS) and small cells.