Lamar Advertising (LAMR) Matches Q4 FFO Estimates

Lamar Advertising (LAMR) came out with quarterly funds from operations (FFO) of $2.21 per share, in line with the Zacks Consensus Estimate. This compares to FFO of$2.10 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this outdoor and transit advertising company would post FFO of $2.21 per share when it actually produced FFO of$2.15, delivering a surprise of -2.71%.Over the last four quarters, the company has surpassed consensus FFO estimates two ...