Lamar Advertising Company Announces First Quarter Ended March 31, 2021 Operating Results

Go back to Lamar Advertising Company Announces First Quarter Ended March 31, 2021 Operating Results

Lamar Advertising (LAMR) Tops Q1 EPS by 2c, Revenues Beat; Offers FY21 EPS Mid-Point Guidance Above Consensus

May 4, 2021 6:14 AM EDT

Lamar Advertising (NASDAQ: LAMR) reported Q1 EPS of $0.38, $0.02 better than the analyst estimate of $0.36. Revenue for the quarter came in at $370.9 million versus the consensus estimate of $362.25 million.

First Quarter Highlights

Total operating expenses decreased 9.0%Adjusted EBITDA margin of 41.1%Free cash flow... More