Lamar Advertising Q4 EPS $1.46 Beats $1.35 Estimate, Sales $555.91M Beat $547.66M Estimate
Portfolio Pulse from Benzinga Newsdesk
Lamar Advertising (NASDAQ:LAMR) reported Q4 earnings of $1.46 per share, surpassing the $1.35 estimate, marking a 124.62% increase from last year. Sales reached $555.91M, exceeding the $547.66M estimate, up 3.81% from the previous year.
February 23, 2024 | 11:01 am
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Lamar Advertising reported a significant beat on both earnings per share and sales for Q4, indicating strong financial performance.
The substantial beat on both earnings per share and sales compared to analyst estimates, coupled with a significant year-over-year growth, suggests a strong financial health and operational efficiency. This performance is likely to instill investor confidence and could lead to a positive short-term impact on LAMR's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100