Financial Performance - Lamar Advertising reported quarterly funds from operations (FFO) of $2.22 per share, exceeding the Zacks Consensus Estimate of $2.15 per share, and up from $2.08 per share a year ago, representing an FFO surprise of +3.26% [1] - The company posted revenues of $579.31 million for the quarter ended June 2025, which missed the Zacks Consensus Estimate by 0.45%, compared to year-ago revenues of $565.25 million [2] - Over the last four quarters, Lamar has surpassed consensus FFO estimates two times but has not beaten consensus revenue estimates [2] Stock Performance and Outlook - Lamar shares have increased approximately 2.5% since the beginning of the year, while the S&P 500 has gained 7.8% [3] - The future stock price movement will largely depend on management's commentary during the earnings call and the company's FFO outlook [3][4] - The current consensus FFO estimate for the coming quarter is $2.18 on revenues of $589.51 million, and for the current fiscal year, it is $8.19 on revenues of $2.28 billion [7] Industry Context - The REIT and Equity Trust - Other industry, to which Lamar belongs, is currently ranked in the top 39% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in estimate revisions, which can be tracked by investors [5]

Group 1 - Lamar Advertising reported quarterly funds from operations (FFO) of $1.60 per share, exceeding the Zacks Consensus Estimate of $1.54 per share, and up from $1.54 per share a year ago, representing an FFO surprise of 3.90% [1] - The company posted revenues of $505.43 million for the quarter ended March 2025, which was 0.68% below the Zacks Consensus Estimate, compared to $498.15 million in the same quarter last year [2] - Over the last four quarters, Lamar has surpassed consensus FFO estimates two times and topped consensus revenue estimates just once [2] Group 2 - The current consensus FFO estimate for the coming quarter is $2.20 on revenues of $587.89 million, and for the current fiscal year, it is $8.19 on revenues of $2.28 billion [7] - The estimate revisions trend for Lamar is mixed, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market in the near future [6] - The outlook for the REIT and Equity Trust - Other industry, to which Lamar belongs, is currently in the bottom 42% of over 250 Zacks industries, suggesting potential challenges ahead [8]