Lamar Advertising Company Announces Third Quarter 2019 Operating Results

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Lamar Advertising (LAMR) Misses Q3 EPS by 7c, Revenues Beat

November 5, 2019 6:01 AM EST

Lamar Advertising (NASDAQ: LAMR) reported Q3 EPS of $0.99, $0.07 worse than the analyst estimate of $1.06. Revenue for the quarter came in at $457.8 million versus the consensus estimate of $452.28 million.

Three Month Results

Net revenue increased 9.4% to $457.8 millionNet income increased $5.7 million to $99.7 millionAdjusted EBITDA increased 11.8% to $215.2... More