Investing.com - Lamar reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Lamar announced earnings per share of $1.05 on revenue of $476.9M. Analysts polled by Investing.com anticipated EPS of $1.15 on revenue of $459.12M.
Lamar shares are up 41% from the beginning of the year and are trading at $117.92 , down-from-52-week-high.They are outperforming the Nasdaq which is up 21.43% from the start of the year.
Lamar follows other major Services sector earnings this month
Lamar's report follows an earnings missed by Amazon.com on Thursday, October 28, 2021, who reported EPS of $6.12 on revenue of $110.81B, compared to forecasts EPS of $8.9 on revenue of $111.55B.
Visa A had beat expectations on Tuesday, October 26, 2021 with fourth quarter EPS of $1.62 on revenue of $6.56B, compared to forecast for EPS of $1.55 on revenue of $6.52B.
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