Citi On LAMR 1Q EPS

Citi has issued a report on the 1Q EPS from Lamar Advertising Company LAMR. According to the report, "— Lamar reported revenue of $255 million, up 4.5% versus last year, and in-line with CIRA and Street estimates. Headline diluted EPS of ($0.14) beat our estimate by five cents, and beat consensus by seven cents." LAMR has a Sell Rating and a $27 Price Target. LAMR closed at $32.03 yesterday.