Lamar Advertising Co reports results for the quarter ended in December - Earnings Summary

Lamar Advertising

24/02/2023 14:32

* Lamar Advertising Co  LAMR.OQ  reported quarterly adjusted
earnings of 65 cents​​ per share for the quarter ended in
December. The mean expectation of three analysts for the quarter
was for earnings of $1.29 per share.
    * Revenue rose 8.3% to $535.51 million from a year ago;
analysts
expected $542.00 million. 
    * Lamar Advertising Co's reported EPS for the quarter was 65
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Lamar Advertising Co shares had risen by 10.9% this
quarter.
    * The company reported quarterly net income of $66.01
million.
    * Wall Street's median 12-month price target for Lamar
Advertising
Co is $108.00 
    * 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." 

This summary was machine generated from Refinitiv data February
24 at 02:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      1.29           0.65           Missed
 Sep. 30 2022      1.39           1.44           Beat
 Jun. 30 2022      1.27           1.32           Beat
 Mar. 31 2022      0.73           0.91           Beat