Lamar Advertising Q3 EPS $1.37 Vs $1.44 YoY, Sales $542.61M Beat $542.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
Lamar Advertising reported Q3 earnings per share (EPS) of $1.37, down from $1.44 year over year. However, the company's sales of $542.61M beat the estimate of $542.00M.
November 02, 2023 | 10:02 am
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Lamar Advertising's Q3 EPS decreased YoY, but sales exceeded estimates. This mixed result could lead to uncertain market reactions.
While Lamar Advertising's Q3 EPS decreased compared to the same period last year, the company's sales exceeded estimates. This mixed result could lead to uncertain market reactions in the short term, as investors weigh the lower EPS against the higher-than-expected sales.
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