Lamar Advertising Q2 2024 AFFO $2.08 Beats $2.05 Estimate, Sales $565.300M Beat $564.364M Estimate
Portfolio Pulse from Benzinga Newsdesk
Lamar Advertising (NASDAQ:LAMR) reported Q2 2024 earnings per share of $2.08, surpassing the analyst estimate of $2.05. The company also reported sales of $565.3 million, exceeding the estimate of $564.364 million. This represents a 4.47% increase from the same period last year.
August 08, 2024 | 10:01 am
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Lamar Advertising (NASDAQ:LAMR) reported Q2 2024 earnings per share of $2.08, beating the analyst estimate of $2.05. The company also reported sales of $565.3 million, exceeding the estimate of $564.364 million. This represents a 4.47% increase from the same period last year.
Lamar Advertising's better-than-expected earnings and sales figures, along with a year-over-year sales increase, are likely to positively impact the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100