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

* Lamar Advertising Co  LAMR.OQ  reported quarterly adjusted
earnings of 38 cents​​ per share for the quarter ended in March.
The mean expectation of four analysts for the quarter was
for earnings of 36 cents per share.
* Revenue fell 8.8% to $370.88 million from a year ago​; 
analysts expected $362.25 million.
* Lamar Advertising Co's reported EPS for the quarter was 38
cents​.
* The mean earnings estimate of analysts had risen by
about 12.9% 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 8.0% this quarter and
gained 21.9% so far this year.
* The company reported quarterly net income of $38.24 million.
* Wall Street's median 12-month price target for Lamar
Advertising Co is $105.00 
* 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." 
This summary was machine generated May 4 at 01:12 p.m. GMT. ​All
figures in US Dollars.​

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