Lamar Profits Fall Short of Projections

Be among trailblazing marketing pros at Brandweek this September 23–26 in Phoenix, Arizona. Experience incredible networking, insightful sessions and a boost of inspiration at ADWEEK’s ultimate brand event. Register by May 13 to save 35%.

ATLANTA Lamar Advertising, the nation’s third-largest outdoor ad company, posted a profit in the second quarter but missed analysts estimates for the period.

Earnings reached $8.9 million, about 8 cents per share, on total revenue of $226.9 million during the quarter, up from a loss of $2.2 million, or 2 cents per share, on total revenue of $208.2 million during the same quarter last year, according to the company’s quarterly report with the Securities and Exchange Commission.

Analysts



AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in