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

Lamar Advertising

06/05/2022 16:43

* Lamar Advertising Co  LAMR.OQ  reported quarterly adjusted
earnings of 91 cents​​ per share for the quarter ended in March.
The mean expectation of four analysts for the quarter was
for earnings of 73 cents per share.
    * Revenue rose 21.7% to $451.39 million from a year ago; 
analysts
expected $427.21 million. 
    * Lamar Advertising Co's reported EPS for the quarter was 91
cents​.
    * The mean earnings estimate of analysts had fallen by
about 15.9%
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 fallen by 7.7% this
quarter and
lost 11.6% so far this year.
    * The company reported quarterly net income of $92.06
million.
    * Wall Street's median 12-month price target for Lamar
Advertising
Co is $129.00 
    * 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 May 6 at 03:43 p.m.  ​All
figures in US dollars unless otherwise stated