Lamar Advertising (LAMR) Reports Q4 EPS of $1.78

Lamar Advertising (NASDAQ: LAMR) reported Q4 FFO of $1.78, versus $1.71 reported last year. Revenue for the quarter came in at $494.6 million versus the consensus estimate of $473.38 million.

GUIDANCE:

Lamar Advertising sees FY2022 FFO of $7.03-$7.18.

• We expect net income per diluted share for fiscal year 2022 to be between $4.83 and $4.90, with diluted AFFO per share between $7.03 and $7.18. See “Supplemental Schedules Unaudited REIT Measures and Reconciliations to GAAP Measures” for reconciliation to GAAP.

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

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