Lamar Advertising (LAMR) Misses Q3 EPS by 1c, Revenues Miss
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EPS Growth %: +17.9%
Financial Fact:
Net income (loss): 85.06M
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Lamar Advertising (NASDAQ: LAMR) reported Q3 EPS of $0.95, $0.01 worse than the analyst estimate of $0.96. Revenue for the quarter came in at $418.5 million versus the consensus estimate of $421.29 million.
"We delivered healthy revenue growth in the third quarter and are encouraged by our Q4 pacings, which indicate even more robust sales growth," said Chief Executive Sean Reilly. "Consequently, we are tracking to finish 2018 at the upper end of or slightly above our revised guidance for full year diluted AFFO of $5.30 to $5.40 per share."
For earnings history and earnings-related data on Lamar Advertising (LAMR) click here.
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