SBA Communications Q3 Adjusted FFO, Revenue Fall

04:12 PM EST, 11/02/2026 (MT Newswires) -- SBA Communications (SBAC) reported Q3 adjusted funds from operations late Monday of $3.19 per diluted share, down from $3.30 a year earlier. Analysts polled by FactSet expected $3.10. Revenue for the three months ended Sept. 30 was $713.9 million, down from $732.3 million a year earlier. Analysts surveyed by FactSet expected $724.1 million. The company narrowed its full-year 2026 AFFO per share guidance to $12.15 to $12.37 from $11.95 to $12.40 previously. Analysts expect $12.24. SBA also lowered its full-year revenue guidance to $2.64 billion to $2.66 billion from $2.84 billion to $2.89 billion earlier. Analysts expect $2.86 billion.