Lamar Advertising (LAMR) Q2 FFO Surpass Estimates

Lamar Advertising (LAMR) came out with quarterly funds from operations (FFO) of $2.22 per share, beating the Zacks Consensus Estimate of $2.15 per share. This compares to FFO of $2.08 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of +3.26%. A quarter ago, it was expected that this outdoor and transit advertising company would post FFO of $1.54 per share when it actually produced FFO of $1.6, delivering a surprise of +3.9%.Over the l ...