Earnings intelligence
Earnings Signals
A clear read on the latest earnings surprise, its evidence, and what could invalidate the call.
SBAC
SBA COMMUNICATIONS CORPFY2026 · Q3 · reaction revision
Short bias
Revenue missed estimates by 7.7%; guidance lowered; fresh reaction -2.0%.
Evidence coverage
75%
Completeness,
not win probability
- Release
- mixed
- Guidance
- lowered
- Market reaction
- -1.96%
EPS
2.19
Consensus — USD/share
REVENUE
665.4
Consensus 721.127 USDm
Recent signals
- PWROriginal view: Bullish
Issued
EPS beat estimates by 20.7%; Revenue beat estimates by 8.8%; guidance raised; fresh reaction +7.1%.
- ENTGOriginal view: Bullish
Issued
EPS beat estimates by 19.4%; Revenue beat estimates by 8.7%; guidance raised; one-time EPS benefit identified; fresh reaction +1.7%.
- APHOriginal view: —
Issued —
—
- LHOriginal view: Bullish
Issued
EPS beat estimates by 3.0%; Revenue beat estimates by 1.4%; guidance raised; fresh reaction +8.9%.
- JAZZOriginal view: Bullish
Issued
Revenue beat estimates by 2.9%; guidance raised; fresh reaction +8.3%.
- GEVOriginal view: —
Issued —
—
Today’s reports
There are no higher-impact or watchlist earnings events in today’s live calendar.
Why the model sees it this way
- EPS: 2.19 reported vs — consensus · consensus comparison incomplete.
- REVENUE: 665.4 reported vs 721.127 consensus · below consensus.
- Guidance was lowered.
- The measured market reaction was -1.96%.
Risks & open questions
- Still missing: eps actual and estimate.
- Still missing: standardized eps surprise.
- Still missing: reaction spread bps.
Signal track record
ResearchCurrent verdict
The live record is still building
35 directional calls have resolved. That is below the 200-event evidence gate, so results remain preliminary.
Resolved calls
35 / 200
minimum evidence gate
| Horizon | Calls | Direction correct | Net mean | vs drift | 95% range |
|---|---|---|---|---|---|
| +3 sessions | 51 | 51.0% | -0.17% | +0.77% | -2.45…1.91% |
Evidence history3 revisions
Revision history
- Revision 1 · fast release · abstain ·
- Revision 2 · fast release · negative ·
- Revision 3 · reaction revision · negative ·