Group 1 - Lamar Advertising reported quarterly funds from operations (FFO) of $2.21 per share, matching the Zacks Consensus Estimate, and an increase from $2.10 per share a year ago [1] - The company posted revenues of $579.57 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 0.30%, but an increase from $555.91 million year-over-year [2] - Over the last four quarters, Lamar has surpassed consensus FFO estimates two times and topped consensus revenue estimates two times [2] Group 2 - The stock has gained approximately 8.4% since the beginning of the year, outperforming the S&P 500's gain of 4.5% [3] - The sustainability of the stock's price movement will depend on management's commentary during the earnings call [3][4] - The current consensus FFO estimate for the upcoming quarter is $1.64 on revenues of $521.17 million, and for the current fiscal year, it is $8.39 on revenues of $2.31 billion [7] Group 3 - The Zacks Industry Rank indicates that the REIT and Equity Trust - Other sector is currently in the bottom 33% of over 250 Zacks industries, which may impact stock performance [8] - The estimate revisions trend for Lamar is mixed, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6]
Lamar Advertising (LAMR) Matches Q4 FFO Estimates