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Three Month Results Net revenue was $498.2 million Net income was $78.5 million Adjusted EBITDA was $211.9 million BATON ROUGE, La., May 02, 2024 (GLOBE NEWSWIRE) -- Lamar Advertising Company (the “Company” or “Lamar”) (Nasdaq: LAMR), a leading owner and operator of outdoor advertising and logo sign displays, announces the Company's operating results for the first quarter ended March 31, 2024.
Lamar Advertising is our winner for passive income investors with strong fundamental growth only detracted by a debt load that is 5 times great than its most recent earnings.
BATON ROUGE, La., April 09, 2024 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR) will release its first quarter ended March 31, 2024 earnings report before the market opens on Thursday, May 2, 2024. Lamar will host a conference call on Thursday, May 2, 2024 at 8:00 a.m. (Central time) to discuss the Company's results and answer questions relating to company operations.
Over 200 U.S. REITs and homebuilders have reported fourth-quarter earnings results over the past six weeks, providing critical information on the state of the commercial and residential real estate industry. Beneath the "Rates Up, REITs Down" headwinds, REITs delivered a surprisingly solid earnings season, and certainly better than the downbeat prevailing narrative of "CRE distress" would sugge...
Lamar Advertising reported strong numbers despite external headwinds such as weak ad spending and political advertising downturn. The company's success is attributed to its efficient operations, cost-saving measures, and disciplined capital spending. Lamar's 2024 guidance exceeded consensus estimates, and the stock looks undervalued.
Stuckey's, a popular brand known for its Pecan Roll, was a prominent billboard advertiser in the '70s. Today, the billboard industry is heavily regulated, making it difficult to obtain new construction permits. Lamar Advertising and OUTFRONT Media are two billboard REITs that offer investment opportunities.
Three Month Results Net revenue was $555.9 million Net income was $149.3 million Adjusted EBITDA was $268.2 million Twelve Month Results Net revenue was $2.11 billion Net income was $496.8 million Adjusted EBITDA was $985.7 million BATON ROUGE, La., Feb. 23, 2024 (GLOBE NEWSWIRE) -- Lamar Advertising Company (the “Company” or “Lamar”) (Nasdaq: LAMR), a leading owner and operator of outdoor adve...
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