Lamar Advertising (LAMR) Tops Q4 EPS by 5c, Revenues Beat; Offers FY19 EPS Guidance Above Consensus

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Lamar Advertising Company Announces Fourth Quarter and Year End 2018 Operating Results

February 20, 2019 6:01 AM EST

Three Month Results

  Net revenue increased 7.4% to $427.9 million  Net income increased 9.8% to $95.7 million  Adjusted EBITDA increased 9.5% to $195.3 million

 Three Month Acquisition-Adjusted Results

  Acquisition-adjusted net revenue increased 5.6%  Acquisition-adjusted EBITDA increased 6.4%

BATON ROUGE, La., Feb. 20, 2019 (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 fourth quarter and year ended December 31, 2018.

"We completed 2018 with a strong fourth... More