Lamar Advertising Company Announces First Quarter 2017 Operating Results

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Lamar Advertising (LAMR) Reports Q1 AFFO of $0.88

May 4, 2017 6:21 AM EDT

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 millionNet income was $41.8 millionAdjusted EBITDA decreased 1.4% to $128.3 million

Three Month Acquisition-Adjusted... More