Benzinga | Nov 5, 2020 06:05AM EST

Lamar Advertising Q3 EPS $0.62 Beats $0.50 Estimate, Sales $386.10M Beat $376.70M Estimate

Lamar Advertising (NASDAQ:LAMR) reported quarterly earnings of $0.62 per share which beat the analyst consensus estimate of $0.50 by 24 percent. This is a 37.37 percent decrease over earnings of $0.99 per share from the same period last year. The company reported quarterly sales of $386.10 million which beat the analyst consensus estimate of $376.70 million by 2.50 percent. This is a 15.66 percent decrease over sales of $457.79 million the same period last year.