Lamar Advertising Company Announces Second Quarter Ended June 30, 2020 Operating Results

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Lamar Advertising (LAMR) Misses Q2 EPS by 8c, Revenues Miss; Revised FY20 EPS Guidance Below Consensus

August 6, 2020 6:27 AM EDT

Lamar Advertising (NASDAQ: LAMR) reported Q2 EPS of $0.31, $0.08 worse than the analyst estimate of $0.39. Revenue for the quarter came in at $374.7 million versus the consensus estimate of $375.4 million.

Three Month Results

Net revenue was $347.7 millionNet income was $31.4 millionAdjusted EBITDA was $133.2 million.

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