Lamar Advertising Co expected to post earnings of $1.18 a share - Earnings Preview

Lamar Advertising

23/02/2022 13:49

* Lamar Advertising Co  LAMR.OQ   LAMR.O  is expected
to show a
rise in quarterly revenue when it reports  results on February
25. 
    * The Baton Rouge Louisiana-based  company is expected to
report 
a 10.5% increase in revenue to $473.383 million from $428.53
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 $1.18 per share. For the same quarter last year,
the company reported earnings of $1.08 per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"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 $123.5​, about 11.1% above​ its last closing price
of $109.85. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2021  1.15        1.15       1.05      Missed  -8.6
 Jun. 30 2021  0.86        0.86       1.18      Beat    37.3
 Mar. 31 2021  0.36        0.36       0.38      Beat    5​
 Dec. 31 2020  0.78        0.78       1.08      Beat    39.3
 ​​Sep.        0.51        0.51       0.62      Beat    21.4
 30 2020                                                
 Jun. 30 2020  0.35        0.38       0.31      Missed  -18.7​
 Mar. 31 2020  0.36        0.36       0.54      Beat    51.6
 Dec. 31 2019  1.12        1.10       1.02      Missed  -7.3
 This summary was machine generated February 23 at 13:49 GMT. 
All figures in US dollars  unless otherwise stated