Lamar Advertising (LAMR) Q3 FFO and Revenues Beat Estimates

Lamar Advertising (LAMR) came out with quarterly funds from operations (FFO) of $2.2 per share, beating the Zacks Consensus Estimate of$ 2.14 per share. This compares to FFO of $2.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of +2.80%. A quarter ago, it was expected that this outdoor and transit advertising company would post FFO of$ 2.15 per share when it actually produced FFO of $2.22, delivering a surprise of +3.26%.Over the ...