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BATON ROUGE, La., April 05, 2023 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: “LAMR”) will release its first quarter ended March 31, 2023 earnings report before the market opens on Thursday, May 4, 2023. Lamar will host a conference call on Thursday, May 4, 2023 at 8:00 a.m. (Central time) to discuss the Company's results and answer questions relating to company operations.
Healthy operating performance, strategic acquisitions and a robust balance-sheet hike Lamar's (LAMR) shares 10.2% in the past six months.
Lamar Advertising (LAMR) to donate more than $1 million in Digital Out of Home media to aid Make-A-Wish's fundraising activities and showcase wishes granted.
Lamar Advertising Company (NASDAQ:LAMR ) Q4 2022 Earnings Conference Call February 24, 2023 9:00 AM ET Company Participants Sean E. Reilly - CEO Jay L.
Lamar (LAMR) delivered FFO and revenue surprises of 1.60% and 0.17%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
From the bright lights of Times Square to the iconic signage on LA's Sunset Strip, advertising billboards have been an inescapable fixture of the typical American commute for decades. Billboard REITs own a commanding share of the nation's 500,000 outdoor advertising displays - a surprisingly resilient business that has seen revenues and profitability fully recover to pre-pandemic levels.
REITs are off to a good start this year, and Billboard REITs are doing even better. Shares in Lamar Advertising have climbed 28% since October 13.
UDR's geographically diverse portfolio, technological moves and healthy balance-sheet position bode well for growth. However, a huge development outlay and interest rate hikes are key woes.
A healthy operating performance, strategic acquisitions and a robust balance-sheet position are likely to drive Lamar's (LAMR) growth. However, stiff competition from other forms of media is a woe.
Solid US advertising market recovery, a healthy operating performance and a robust balance-sheet position drive Lamar's (LAMR) 19.9% QTD rise.