Shares of Lamar Advertising (LAMR) have risen 11.7% year to date against its industry's decline of 10.2%. The company currently carries a Zacks Ranks #2 (Buy). Earlier this month, this real estate investment trust (REIT), headquartered in Baton Rouge, LA, reported first- quarter 2024 adjusted funds from operations (AFFO) per share of $1.54, which beat the Zacks Consensus Estimate of $1.52. The figure also compared favorably with the prior-year quarter's tally of $1.41. Quarterly net revenues of $498.2 milli ...

BATON ROUGE, La., May 16, 2024 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR), a leading owner and operator of outdoor advertising and logo sign displays, announces that its board of directors has declared a quarterly cash dividend of $1.30 per share payable on June 28, 2024 to stockholders of record of Lamar's Class A common stock and Class B common stock on June 17, 2024. Subject to the approval of its board of directors, Lamar expects aggregate quarterly distributions to stockholders in 202 ...

BATON ROUGE, La., May 16, 2024 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR), a leading owner and operator of outdoor advertising and logo sign displays, announces that its board of directors has declared a quarterly cash dividend of $1.30 per share payable on June 28, 2024 to stockholders of record of Lamar's Class A common stock and Class B common stock on June 17, 2024. Subject to the approval of its board of directors, Lamar expects aggregate quarterly distributions to stockholders in 202 ...

Shares of Lamar Advertising (LAMR) have risen 14.6% over the past three months compared with the industry’s growth of 1.9%.The impressive footprint of outdoor advertising assets, the unmatched logo sign business, a diversified tenant base across various sectors and a focus on local businesses are tailwinds for Lamar.Moreover, the estimate revision trend for 2024 funds from operations (FFO) per share indicates a favorable outlook for this Zacks Rank #2 (Buy) company as it has been revised 3.7% northward over ...

BATON ROUGE, La., May 08, 2024 (GLOBE NEWSWIRE) -- Lamar Advertising Company (NASDAQ:LAMR) today announced that Sean Reilly, CEO of Lamar Advertising Company, is scheduled to participate in a question-and-answer session at the 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference on Wednesday, May 22, 2024 at approximately 8:00 a.m. ET. The session will be carried live via audio webcast at the Company's website, www.lamar.com, and will be archived for 30 days. About Lamar Advertisin ...

Lamar Advertising (LAMR) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.The powe ...

Lamar Advertising Company (NASDAQ:LAMR) Q1 2024 Earnings Conference Call May 2, 2024 9:00 AM ET Company Participants Sean Reilly - Chief Executive Officer Jay Johnson - Chief Financial Officer Conference Call Participants Cameron McVeigh - Morgan Stanley Jason Bazinet - Citi Operator Excuse me, everyone. We now have Sean Reilly and Jay Johnson in conference. [Operator Instructions] In the course of this discussion, Lamar may make forward-looking statements regarding the company, including statements about i ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________ FORM 10-Q ________________________________________________________ x Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2024 or ¨ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number 1-36756 __________________________________ Lamar Ad ...

Lamar Advertising (LAMR) came out with quarterly funds from operations (FFO) of $1.54 per share, beating the Zacks Consensus Estimate of $1.52 per share. This compares to FFO of $1.41 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 1.32%. A quarter ago, it was expected that this outdoor and transit advertising company would post FFO of $1.95 per share when it actually produced FFO of $2.10, delivering a surprise of 7.69%.Over the l ...

5321 Corporate Boulevard Baton Rouge, LA 70808 Lamar Advertising Company Announces First Quarter Ended March 31, 2024 Operating Results Three Month Results • Net revenue was $498.2 million • Net income was $78.5 million • Adjusted EBITDA was $211.9 million Baton Rouge, LA – May 2, 2024 - Lamar Advertising Company (the “Company” or “Lamar”) (Nasdaq: LAMR), a leading owner and operator of outdoor advertising and logo sign displays, announces the Company’s operating results for the first quarter ended March 31 ...