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Lamar Advertising Co reports results for the quarter ended March 31 - Earnings Summary

Lamar Advertising Co LAMR.OQ reported quarterly adjusted earnings of $1.35​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 76 cents.  The mean expectation of six analysts for the quarter was for earnings of $1.37 per share. Wall Street expected results to range from 99 cents to $1.51 per share.

Revenue rose 1.5% to $505.43 million from a year ago; analysts expected $508.79 million.

Lamar Advertising Co's reported EPS for the quarter was $1.35​.

The company reported quarterly net income of $138.66 million.

Lamar Advertising Co shares had risen by 4.1% this quarter and lost 2.7% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 37.4% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell." The average consensus recommendation for the specialized reits peer group is also "hold"

Wall Street's median 12-month price target for Lamar Advertising Co is $124.50

This summary was machine generated from LSEG data May 8 at 02:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 20251.371.35Missed
Dec. 31 20241.46-0.01Missed
Sep. 30 20241.451.44Missed
Jun. 30 20241.371.34Missed

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