Lamar Advertising (LAMR) Q3 FFO and Revenues Beat Estimates

分组1 - Lamar Advertising reported quarterly funds from operations (FFO) of $2.2 per share, exceeding the Zacks Consensus Estimate of $2.14 per share, and showing an increase from $2.15 per share a year ago, resulting in an FFO surprise of +2.80% [1] - The company achieved revenues of $585.54 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 0.29% and increasing from $564.14 million year-over-year [2] - Over the last four quarters, Lamar has surpassed consensus FFO estimates three times, but has only topped consensus revenue estimates once [2] 分组2 - The stock has underperformed, losing about 2.7% since the beginning of the year, while the S&P 500 has gained 15.6% [3] - The future performance of Lamar's stock will depend on management's commentary during the earnings call and the outlook for FFO [3][4] - The current consensus FFO estimate for the upcoming quarter is $2.22 on revenues of $596.24 million, and for the current fiscal year, it is $8.14 on revenues of $2.26 billion [7] 分组3 - The Zacks Industry Rank indicates that the REIT and Equity Trust - Other industry is currently in the top 30% of over 250 Zacks industries, suggesting a favorable outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in estimate revisions, which can be tracked by investors [5] - The estimate revisions trend for Lamar was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6]