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

January 10, 2019 / Faye Duncan

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.