Analysts Expect Lamar Advertising Co (LAMR) Will Post Quarterly Sales of $420.65 Million

Dakota Financial News | January 10, 2019

Analysts Expect Lamar Advertising Co (LAMR) Will Post Quarterly Sales of $420.65 Million
Brokerages expect Lamar Advertising Co (NASDAQ: LAMR) to announce sales of $420.65 million for the current fiscal quarter, according to Zacks Investment Research. Two analysts have made estimates for Lamar Advertising’s earnings. The highest sales estimate is $420.79 million and the lowest is $420.50 million. Lamar Advertising reported sales of $398.48 million during the same quarter last year, which indicates a positive year over year growth rate of 5.6%. The business is expected to issue its next quarterly earnings results on Tuesday, February 26th. On average, analysts expect that Lamar Advertising will report full-year sales of $1.62 billion for the current year. For the next year, analysts anticipate that the firm will report sales of $1.69 billion, with estimates ranging from $1.66 billion to $1.73 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research analysts that that provide coverage for Lamar Advertising.

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Amazon maintains its title as the world’s most valuable brand in the Brand Finance Global 500, growing nearly 25% to an impressive US$187.9 billion, over US$30 billion more than 2nd place Apple. Notoriously strong for service, last year, Amazon recorded its most successful Prime Day to date, with consumers purchasing more than 100 million products. This was shortly followed by the brand crossing the US$1 trillion threshold on Wall Street for the first time in its history.

Spotlight

Amazon maintains its title as the world’s most valuable brand in the Brand Finance Global 500, growing nearly 25% to an impressive US$187.9 billion, over US$30 billion more than 2nd place Apple. Notoriously strong for service, last year, Amazon recorded its most successful Prime Day to date, with consumers purchasing more than 100 million products. This was shortly followed by the brand crossing the US$1 trillion threshold on Wall Street for the first time in its history.

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