Lamar Advertising Company Announces Fourth Quarter and Year End 2015 Operating Results
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Wedbush Cuts Price Target on Lamar Advertising (LAMR) as Weak Guide Has Investors Questioning
February 24, 2016 9:24 AM ESTWedbush maintained a Neutral rating on Lamar Advertising (NASDAQ: LAMR), and cut the price target to $65.00 (from $67.00), following the company's 4Q earnings report. Diluted AFFO per share of $1.27 beat the Street's $1.25 estimate. However, the company guided 2016 a bit below Street, leaving investors looking... More
Lamar Advertising (LAMR) Misses Q4 EPS by 3c
February 23, 2016 8:43 AM ESTLamar Advertising (NASDAQ: LAMR) reported Q4 EPS of $0.79, $0.03 worse than the analyst estimate of $0.82. Revenue for the quarter came in at $356 million versus the consensus estimate of $354.69 million.
For the fourth quarter of 2015, Funds From Operations, or FFO, decreased to $118.4 million as... More
