Lamar Advertising (LAMR) Tops Q3 EPS by 9c, Beats on Revenues
Lamar Advertising (NASDAQ: LAMR) reported Q3 EPS of $0.98, $0.09 better than the analyst estimate of $0.89. Revenue for the quarter came in at $399.3 million versus the consensus estimate of $392.11 million.
Three Month Results
- Net revenue increased 3.1% to $399.3 million
- Net income was $96.3 million, an increase of 13.2%
- Adjusted EBITDA increased 3.1% to $182.8 million
Three Month Acquisition-Adjusted Results
- Acquisition-adjusted net revenue increased 1.0%
- Acquisition-adjusted EBITDA increased 1.8%
For earnings history and earnings-related data on Lamar Advertising (LAMR) click here.
