tiprankstipranks
Lamar Advertising reports Q3 AFFO $2.15, consensus $2.21
The Fly

Lamar Advertising reports Q3 AFFO $2.15, consensus $2.21

Reports Q3 revenue $564.1M, consensus $593.83M. “Our Q3 results came in largely as expected, with particular strength in local and programmatic sales. Expenses were slightly elevated but as we move through Q4, we see that correcting and see full year consolidated EBITDA margins coming in right around 47%,” chief executive Sean Reilly said

Don't Miss our Black Friday Offers:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App