Lamar Advertising (LAMR) Reports Q4 FFO of $1.71

Lamar Advertising (NASDAQ: LAMR) reported Q4 FFO of $1.71, versus $1.64 reported last year. Revenue for the quarter came in at $428.5 million, versus $462.7 million reported last year.

GUIDANCE:

Lamar Advertising sees FY2021 EPS of $5.20-$5.50.

• We expect net income per diluted share for fiscal year 2021 to be between $2.76 and $3.02, with diluted AFFO per share between $5.20 and $5.50. See “Supplemental Schedules and Unaudited Reconciliations of Non-GAAP Measures” for a reconciliation to GAAP.

For earnings history and earnings-related data on Lamar Advertising (LAMR) click here.

You May Also Be Interested In

• McDonald’s said to plan value strategy overhaul to revive US sales growth
• Cargojet Inc. (CJT:CN) (CGGJF) PT Raised to $128 at TD Cowen, maintains bullish call
• UBS sees a negative catalyst ahead for Nike: Here’s what to watch