Lamar Advertising (LAMR) Reports In-Line Q3 EPS
Lamar Advertising (NASDAQ: LAMR) reported Q3 EPS of $0.37, in-line with the analyst estimate of $0.37. Revenue for the quarter came in at $335 million versus the consensus estimate of $332.3 million.
Adjusted FFO was $1.14, from $1.02 in the same period last year.
Third Quarter Highlights
- Same-unit digital billing grew 3.6%
- Local sales on billboards increased 3.8%
- Pro forma expense growth held to 2.0%
- Paid quarterly dividend of $0.83 per share
For earnings history and earnings-related data on Lamar Advertising (LAMR) click here.
