Lamar Advertising Co expected to post earnings of 73  cents a share - Earnings Preview

Lamar Advertising

03/05/2022 19:35

* Lamar Advertising Co  LAMR.OQ   LAMR.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 5. 
    * The Baton Rouge Louisiana-based  company is expected to
report 
a 15.2% increase in revenue to $427.215 million from $370.88
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 73 cents per share. For the same quarter last
year, the company reported earnings of 38 cents 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 $129​, above​ its last closing price of $109.55. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  1.18        1.18       1.21      Beat    2.5
 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.        0.78        0.78       1.08      Beat    39.3
 31 2020                                                
 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
 This summary was machine generated May 3 at 18:35 GMT.  All
figures in US dollars  unless otherwise stated