Lamar Advertising (LAMR) Misses Q3 EPS by 1c, Revenues Miss

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Lamar Advertising Company Announces Third Quarter 2018 Operating Results

November 8, 2018 6:00 AM EST

Three Month Results

Net revenue increased 4.8% to $418.5 millionNet income was $94.1 millionAdjusted EBITDA increased 5.3% to $192.5 million

Three Month Acquisition-Adjusted Results

Acquisition-adjusted net revenue increased 3.1%  Acquisition-adjusted EBITDA increased 3.0%

                                                             

BATON ROUGE, La., Nov. 08, 2018 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR), a leading owner and operator of outdoor advertising and logo sign displays, announces the Companys operating results for the third quarter ended September 30, 2018.

"We delivered healthy revenue... More