Lamar Advertising: Q1 Earnings Insights

Lamar Advertising NASDAQ:LAMR reported its Q1 earnings results on Thursday, May 5, 2022 at 06:00 AM.

Here's what investors need to know about the announcement.

Earnings

Lamar Advertising beat estimated earnings by 26.39%, reporting an EPS of $0.91 versus an estimate of $0.72.

Revenue was up $80.51 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 0.15% drop in the share price the next day.

Here's a look at Lamar Advertising's past performance:

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Lamar Advertising management provided guidance for FY 2022, expecting earnings between $4.88 and $4.96 per share.

To track all earnings releases for Lamar Advertising visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.