03.11.2016 11:07:41

Lamar Advertising Co. Bottom Line Advances 9% In Q3

(RTTNews) - Lamar Advertising Co. (LAMR) revealed a profit for its third quarter that increased from last year.

The company said its bottom line advanced to $133.95 million, or $1.37 per share. This was higher than $122.64 million, or $1.27 per share, in last year's third quarter.

The company said revenue for the quarter rose 10.5% to $387.52 million. This was up from $350.70 million last year.

Lamar Advertising Co. earnings at a glance:

-Earnings (Q3): $133.95 Mln. vs. $122.64 Mln. last year. -Earnings Growth (Y-o-Y): 9.2% -EPS (Q3): $1.37 vs. $1.27 last year. -EPS Growth (Y-o-Y): 7.9% -Revenue (Q3): $387.52 Mln vs. $350.70 Mln last year. -Revenue Change (Y-o-Y): 10.5%

-Guidance: Full year EPS guidance: $4.85 - $5.00

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