Lamar Advertising Co expected to post earnings of 36  cents a share - Earnings Preview

Lamar Advertising

30/04/2021 14:57

* Lamar Advertising Co  LAMR.OQ   LAMR.O  is expected to show
a fall in quarterly revenue when it reports results on May 4.
* The Baton Rouge, Louisiana-based company is expected to report
 a 10.9% decrease in revenue to $362.25 million from $406.57
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 36 cents per share. For the same quarter last
year, the company reported earnings of 54 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 had fallen by
about 0.6% in the last three months.​
* Wall Street's median 12-month price target for Lamar
Advertising Co is $105​, about 4.9% above​ its last closing
price of $99.81. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020  0.78        0.78       1.08      Beat    39.3
 Sep. 30 2020  0.51        0.51       0.62      Beat    21.4
 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.          1.12​       1.10       1.02      Missed  -7.3​
 31​ 2019​                                              
 Sep. 30 2019  1.07        1.06       0.98      Missed  -7.9​
 Jun. 30 2019  1.15        1.13       1.16      Beat    2.8
 Mar. 31 2019  0.49        0.50       0.47      Missed  -5.8
 This summary was machine generated April 30 at 13:57 GMT.  All
figures in US dollars unless otherwise stated