08.08.2013 12:26:01
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Lamar Advertising Q2 Profit Rises - Quick Facts
(RTTNews) - Lamar Advertising Company (LAMR) reported second-quarter net income to common stock of $21.16 million or $0.22 per share, compared to $13.83 million or $0.15 per share, last year.
On average, 13 anlaysts polled by Thomson Reuters expected the company to report profit per share of $0.21 for the quarter. Analysts' estimates typically exclude special items.
Net revenues increased to $324.68 million from $304.87 million prior year. Analysts expected revenue of $323.80 million for the quarter.
For the third quarter of 2013, the company expects net revenue to be approximately $320 million to $323 million. Analysts expect the company to report third-quarter revenue of $324.75 million.
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