Lamar Advertising Co expected to post earnings of $1.38 a share - Earnings Preview

Lamar Advertising

31/10/2023 19:00

* Lamar Advertising Co  LAMR.OQ   LAMR.O  is expected
to show a
rise in quarterly revenue when it reports  results 
    * The Baton Rouge Louisiana-based  company is expected to
report 
a 2.8% increase in revenue to $542 million from $527.39 million
a year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Lamar Advertising
Co is
for earnings of $1.38 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 $95​, above​ its last closing price of $81.28. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  1.40        1.40       1.28      Missed  -8.6
 Mar. 31 2023  0.79        0.81       0.74      Missed  -8.8
 Dec. 31 2022  1.30        1.29       0.65      Missed  -49.7​
 Sep. 30 2022  1.40        1.39       1.44      Beat    3.4
 ​​Jun.        1.28        1.27       1.32      Beat    3.6
 30 2022                                                
 Mar. 31 2022  0.72        0.73       0.91      Beat    25.5​
 Dec. 31 2021  1.18        1.18       1.21      Beat    2.5
 Sep. 30 2021  1.15        1.15       1.05      Missed  -8.6
 This summary was machine generated October 31 at 18:59 GMT.  All
figures in US dollars  unless otherwise stated