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Brendan Cavanagh Will Join the Company's Board of Directors Appointment Effective October 1, 2025 NEW YORK , Aug. 6, 2025 /PRNewswire/ -- Consolidated Edison, Inc. ("Con Edison") (NYSE:ED) today announced that its Board of Directors elected Brendan Cavanagh to Con Edison's Board of Directors, effective October 1, 2025. Mr. Cavanagh is currently the President and Chief Executive Officer of SBA Communications Corporation (NASDAQ: SBAC), a real estate investment trust that owns and operates wireless communications infrastructure including towers, buildings, rooftops, distributed antenna systems and small cells.
SBAC tops Q2 AFFO estimates, and lifts the 2025 outlook, but higher costs and interest weigh on profitability.
SBA Communications Corporation (NASDAQ:SBAC ) Q2 2025 Earnings Conference Call August 4, 2025 5:00 PM ET Company Participants Brendan Thomas Cavanagh - CEO, President & Director Marc R. Montagner - Executive VP & CFO Mark DeRussy - Vice President of Finance Conference Call Participants Batya Levi - UBS Investment Bank, Research Division Benjamin Daniel Swinburne - Morgan Stanley, Research Division Brendan James Lynch - Barclays Bank PLC, Research Division David Anthony Guarino - Green Street Advisors, LLC, Research Division Eric Thomas Luebchow - Wells Fargo Securities, LLC, Research Division James Edward Schneider - Goldman Sachs Group, Inc., Research Division Jonathan Atkin - RBC Capital Markets, Research Division Michael Ian Rollins - Citigroup Inc., Research Division Michael J.
While the top- and bottom-line numbers for SBA Communications (SBAC) give a sense of how the business performed in the quarter ended June 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
SBA Communications (SBAC) came out with quarterly funds from operations (FFO) of $3.17 per share, beating the Zacks Consensus Estimate of $3.12 per share. This compares to FFO of $3.29 per share a year ago.
Evaluate the expected performance of SBA Communications (SBAC) for the quarter ended June 2025, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
SBAC may post higher Q2 revenues, but higher interest expenses and wireless industry shifts are likely to have weighed on AFFO per share.
BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA” and “Company”) announced it will release its second quarter results on Monday, August 4, 2025 after market close. SBA will host a conference call on Monday, August 4, 2025 to discuss these results. The call may be accessed as follows: When: Monday, August 4, 2025 at 5:00 PM (EDT) Dial-in Number: 1-202-735-3323 Access Code: 5683336 Conference Name: SBA Second Quarter 2025 Results Replay Availa.
SBAC rides on rising mobile data usage, long-term leases, expansion into high-growth markets and robust dividends to attract investors' attention.