Lamar Advertising (LAMR) Tops Q4 EPS by 5c, Revenues Beat; Offers FY19 EPS Guidance Above Consensus

Lamar Advertising (NASDAQ: LAMR) reported Q4 EPS of $0.96, $0.05 better than the analyst estimate of $0.91. Revenue for the quarter came in at $427.9 million versus the consensus estimate of $422.2 million.

"We completed 2018 with a strong fourth quarter, allowing us to exceed the upper end of our guidance for full year diluted AFFO per share," said Chief Executive Sean Reilly. "Our integration of the markets that we acquired from Fairway in late December is going well and we anticipate another year of solid sales and AFFO growth in 2019.”

GUIDANCE:

Lamar Advertising sees FY2019 EPS of $3.69-$3.86, versus the consensus of $3.49.

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

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