Lamar Advertising (LAMR) Reports Q1 AFFO of $0.88
Lamar Advertising (NASDAQ: LAMR) reported Q1 AFFO of $0.88, versus $0.95 reported last year. Revenue for the quarter came in at $346.4 million versus the consensus estimate of $346.76 million.
Three Month Results
- Net revenue increased 2.3% to $346.4 million
- Net income was $41.8 million
- Adjusted EBITDA decreased 1.4% to $128.3 million
Three Month Acquisition-Adjusted Results
- Acquisition-adjusted net revenue increased 1.3%
- Acquisition-adjusted EBITDA decreased 2.1%
For earnings history and earnings-related data on Lamar Advertising (LAMR) click here.
