SBA Communications (SBAC Quick QuoteSBAC - Free Report) reported $703.44 million in revenue for the quarter ended March 2026, representing a year-over-year increase of 5.9%. EPS of $3.01 for the same period compares to $1.77 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $698.82 million, representing a surprise of +0.66%. The company delivered an EPS surprise of +5.39%, with the consensus EPS estimate being $2.86.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how SBA Communications performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Sites owned - Domestic: 17,378 compared to the 17,393 average estimate based on three analysts.
• Sites owned - International: 28,980 versus 29,798 estimated by three analysts on average.
• Sites owned - Total: 46,358 versus 47,191 estimated by three analysts on average.
• Sites decommissioned - Domestic: -31 compared to the -18 average estimate based on two analysts.
• Sites owned previous - International: 28,934 versus 28,934 estimated by two analysts on average.
• Sites owned previous - Total: 46,328 compared to the 46,328 average estimate based on two analysts.
• Sites acquired - Total: 10 compared to the 1,124 average estimate based on two analysts.
• Sites built - Total: 80 versus 143 estimated by two analysts on average.
• Revenues- Site Development: $47.29 million versus the four-analyst average estimate of $48.01 million. The reported number represents a year-over-year change of -1.6%.
• Revenues- International Site Leasing: $205.85 million compared to the $205.61 million average estimate based on four analysts. The reported number represents a change of +32.6% year over year.
• Revenues- Domestic Site Leasing: $450.3 million versus $445.17 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -2.3% change.
• Revenues- Site Leasing: $656.15 million versus the four-analyst average estimate of $650.76 million. The reported number represents a year-over-year change of +6.5%.

View all Key Company Metrics for SBA Communications here>>>

Shares of SBA Communications have returned +26.4% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.