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

• Lamar Advertising Co LAMR.OQ reported a quarterly adjusted loss of 1 cent​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $1.46. The mean expectation of five analysts for the quarter was for earnings of $1.46 per share. Wall Street expected results to range from $1.43 to $1.52 per share.

• Revenue rose 4.3% to $579.57 million from a year ago; analysts expected $583.19 million.

• Lamar Advertising Co's reported EPS for the quarter was a loss of 1 cent​.

• The company reported a quarterly loss of $1.29 million.

• Lamar Advertising Co shares had risen by 8.4% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

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 $129.00

This summary was machine generated from LSEG data February 20 at 02:31 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)