Recap: Lamar Advertising Q3 Earnings

Lamar Advertising LAMR reported its Q3 earnings results on Friday, November 4, 2022 at 06:00 AM.

Here's what investors need to know about the announcement.

Lamar Advertising beat estimated earnings by 3.6%, reporting an EPS of $1.44 versus an estimate of $1.39.

Revenue was up $50.50 million from the same period last year.

Last quarter the company beat on EPS by $0.05 which was followed by a 0.05% drop in the share price the next day.

Here's a look at Lamar Advertising's past performance:

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	1.27	0.72	1.18	1.15
EPS Actual	1.32	0.91	1.21	1.05
Revenue Estimate	490.00M	427.21M	473.38M	458.94M
Revenue Actual	517.85M	451.39M	494.57M	476.89M

To track all earnings releases for Lamar Advertising visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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