LAMR Stock Recent News
LAMR LATEST HEADLINES
Lamar Advertising (LAMR) came out with quarterly funds from operations (FFO) of $1.54 per share, beating the Zacks Consensus Estimate of $1.52 per share. This compares to FFO of $1.41 per share a year ago.
BATON ROUGE, La., April 09, 2024 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR) will release its first quarter ended March 31, 2024 earnings report before the market opens on Thursday, May 2, 2024. Lamar will host a conference call on Thursday, May 2, 2024 at 8:00 a.m. (Central time) to discuss the Company's results and answer questions relating to company operations.
Lamar (LAMR) holds a significant market share in the US outdoor advertising business. Its diversified tenant base, opportunistic acquisitions and portfolio upgrade efforts are key growth drivers.
Lamar Advertising reported strong numbers despite external headwinds such as weak ad spending and political advertising downturn. The company's success is attributed to its efficient operations, cost-saving measures, and disciplined capital spending. Lamar's 2024 guidance exceeded consensus estimates, and the stock looks undervalued.
Stuckey's, a popular brand known for its Pecan Roll, was a prominent billboard advertiser in the '70s. Today, the billboard industry is heavily regulated, making it difficult to obtain new construction permits. Lamar Advertising and OUTFRONT Media are two billboard REITs that offer investment opportunities.
Lamar's (LAMR) fourth-quarter 2023 results reflect strong local sales and year-over-year top-line growth. However, the company experiences a surge in interest expenses.
Lamar Advertising Company (LAMR) Q4 2023 Earnings Call Transcript
BATON ROUGE, La., Jan. 17, 2024 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: “LAMR”) will release its fourth quarter ended December 31, 2023 earnings report before the market opens on Friday, February 23, 2024. Lamar will host a conference call on Friday, February 23, 2024 at 8:00 a.m. (Central time) to discuss the Company's results and answer questions relating to company operations.
Lamar Advertising: Digital Transformation And Lower Rates Can Power Growth
Lamar (LAMR) holds a significant market share in the U.S. outdoor advertising business. Its diversified tenant base, opportunistic acquisitions and portfolio upgrade efforts are key growth drivers.