Lamar Advertising (LAMR) Tops Q1 EPS by 1c, Slight Miss on Revenues

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Lamar Advertising Company Announces First Quarter 2019 Operating Results

May 2, 2019 6:01 AM EDT

Three Month Results

Net revenue increased 6.5% to $384.5 millionNet income increased $36.2 million to $51.3 millionAdjusted EBITDA increased 5.2% to $146.1 million

Three Month Acquisition-Adjusted Results

Acquisition-adjusted net revenue increased 2.2%  Acquisition-adjusted EBITDA increased 0.2%

BATON ROUGE, La., May 02, 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 first quarter ended March 31, 2019.

"The first quarter played out largely as we anticipated, with... More