Lamar Advertising (LAMR) Misses Q4 EPS by 2c

Lamar Advertising (NASDAQ: LAMR) reported Q4 EPS of $0.81, $0.02 worse than the analyst estimate of $0.83. Revenue for the quarter came in at $386.7 million versus the consensus estimate of $388.44 million.

“We concluded 2016 with a solid fourth quarter,” said Lamar CEO Sean Reilly. “For the full year our revenue growth, combined with continued discipline on expenses, allowed us to increase our AFFO per share by nearly 9%, at the top end of the guidance we provided at the start of 2016.”

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

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