Lamar Advertising (LAMR) Reports Q1 EPS of $0.15, Slight Beat on Revenues

Lamar Advertising (NASDAQ: LAMR) reported Q1 EPS of $0.15, versus $0.34 reported last year. Revenue for the quarter came in at $361 million versus the consensus estimate of $360.22 million.

Three Month Results

• Net revenue increased 4.2% to $361.0 million
• Net income was $15.1 million
• Adjusted EBITDA increased 8.3% to $138.9 million

Three Month Acquisition-Adjusted Results

• Acquisition-adjusted net revenue increased 1.1%
• Acquisition-adjusted EBITDA increased 4.9%

For earnings history and earnings-related data on Lamar Advertising (LAMR) click here.

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