Lamar Advertising Co expected to post earnings of $1.15 a share - Earnings Preview

Lamar Advertising

01/11/2021 17:02

* Lamar Advertising Co  LAMR.OQ   LAMR.O  is expected to show a
rise in quarterly revenue when it reports  results on November
3. 
* The Baton Rouge, Louisiana-based company is expected to report
 a 18.9% increase in revenue to $458.939 million from $386.11
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Lamar Advertising Co is
for earnings of $1.15 per share. For the same quarter last year,
the company reported earnings of 62 cents per share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Lamar
Advertising Co is $120​, about 5.7% above​ its last closing
price of $113.20. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 302021   0.86        0.86       1.18      Beat    37.3
 Mar. 312021   0.36        0.36       0.38      Beat    5
 Dec. 312020   0.78        0.78       1.08      Beat    39.3​
 Sep. 302020   0.51        0.51       0.62      Beat    21.4
 ​​Jun.        0.35        0.38       0.31      Missed  -18.7
 302020                                                 
 Mar. 312020   0.36        0.36       0.54      Beat    51.6​
 Dec. 312019   1.12        1.10       1.02      Missed  -7.3
 Sep. 302019   1.07        1.06       0.98      Missed  -7.9
 This summary was machine generated November 1 at 17:02 GMT.  All
figures in US dollars unless otherwise stated