Earnings Outlook For Lamar Advertising
Portfolio Pulse from Benzinga Insights
Lamar Advertising (NASDAQ:LAMR) is scheduled to release its quarterly earnings report on February 23, 2024, with an estimated EPS of $1.35. Analysts and investors will be closely watching for not only an earnings beat but also positive guidance for future growth. Historical data shows mixed reactions to past earnings reports, with the stock price fluctuating based on performance relative to expectations. Shares are currently trading at $107.71, reflecting a 5.73% increase over the last 52 weeks.
February 22, 2024 | 2:01 pm
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Lamar Advertising is expected to report an EPS of $1.35 for the upcoming quarter. Historical performance and stock reactions suggest mixed outcomes, but shares have seen a 5.73% increase over the last year.
The anticipation of Lamar Advertising's earnings report and its estimated EPS of $1.35 are directly relevant to its stock performance. Historical data indicates that the company's stock price can react variably to earnings reports and guidance. Given the positive year-to-date performance, investor sentiment appears optimistic, but the actual impact of the earnings report will depend on whether the company meets or exceeds expectations and the nature of its future guidance.
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IMPORTANCE 80
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