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

Lamar Advertising

04/11/2022 13:31

* Lamar Advertising Co  LAMR.OQ  reported quarterly adjusted
earnings of $1.44​​ per share for the quarter ended in
September. The mean expectation of three analysts for the
quarter was for earnings of $1.39 per share.
    * Revenue rose 10.6% to $527.39 million from a year ago. 
    * Lamar Advertising Co's reported EPS for the quarter was
$1.44​.
    * The mean earnings estimate of analysts had risen by
about 5.1%
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 8.7% this
quarter and
lost 26.1% so far this year.
    * The company reported quarterly net income of $146.1
million.
    * Wall Street's median 12-month price target for Lamar
Advertising
Co is $110.00 
    * 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 November
4 at 01:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      1.18           1.21           Beat