Recap: Lamar Advertising Q3 Earnings

Recap: Lamar Advertising Q3 Earnings

Lamar Advertising LAMR reported its Q3 earnings results on Friday, November 4, 2022 at 06:00 AM.

Here's what investors need to know about the announcement.

Earnings

Lamar Advertising beat estimated earnings by 3.6%, reporting an EPS of $1.44 versus an estimate of $1.39.

Revenue was up $50.50 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.05 which was followed by a 0.05% drop in the share price the next day.

Here's a look at Lamar Advertising's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 1.27 0.72 1.18 1.15
EPS Actual 1.32 0.91 1.21 1.05
Revenue Estimate 490.00M 427.21M 473.38M 458.94M
Revenue Actual 517.85M 451.39M 494.57M 476.89M

To track all earnings releases for Lamar Advertising visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings