Lamar Advertising Co expected to post earnings of 86 cents a share - Earnings Preview

Lamar Advertising

03/08/2021 16:43

* Lamar Advertising Co  LAMR.OQ   LAMR.O  is expected to show a
rise in quarterly revenue when it reports results on August 5. 
* The Baton Rouge, Louisiana-based company is expected to report
  a 23.1% increase in revenue to $427.83 million from $347.65
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 86 cents per share. For the same quarter last
year, the company reported earnings of 31 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 $109​, about 1.7% above​ its last closing
price of $107.17. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.36        0.36       0.38      Beat    5
 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.          0.36​       0.36       0.54      Beat    51.6​
 31​ 2020​                                              
 Dec. 31 2019  1.12        1.10       1.02      Missed  -7.3​
 Sep. 30 2019  1.07        1.06       0.98      Missed  -7.9
 Jun. 30 2019  1.15        1.13       1.16      Beat    2.8
 This summary was machine generated August 3 at 15:43 GMT.  All
figures in US dollars unless otherwise stated