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

Lamar Advertising

05/08/2021 13:14

* Lamar Advertising Co  LAMR.OQ  reported quarterly adjusted
earnings of $1.18​​ per share for the quarter ended in June. The
mean expectation of four analysts for the quarter was
for earnings of 86 cents per share.
* Revenue rose 28% to $445.05 million from a year ago;  analysts
expected $427.83 million. 
* Lamar Advertising Co's reported EPS for the quarter was
$1.18​.
* The mean earnings estimate of analysts had risen by
about 12.5% 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 1.8% this quarter and
gained 27.7% so far this year.
* The company reported quarterly net income of $119.52 million.
* Wall Street's median 12-month price target for Lamar
Advertising Co is $109.00 
* 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 August 5 at 12:14 p.m.  ​All
figures in US dollars unless otherwise stated