Lamar Advertising Company Fourth Quarter Earnings Sneak Peek

Lamar Advertising Company (NASDAQ:LAMR) will unveil its latest earnings on Wednesday, February 22, 2012. Lamar Advertising is an outdoor advertising company in the United States that operates three types of outdoor advertising displays: billboards, logo signs, and transit advertising displays.

Lamar Advertising Company Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for the company to break even after the company reported a loss of 8 cents per share in the year-earlier quarter. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month. For the year, analysts are projecting net income of 3 cents per share, a swing from net loss of 25 cents last year.

Past Earnings Performance: The company fell short of estimates last quarter after topping forecasts the quarter prior. In the third quarter, it reported profit of 4 cents per share against a mean estimate of 7 cents. Two quarters ago, it beat expectations by 4 cents with net income of 12 cents.

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Wall St. Revenue Expectations: Analysts are projecting a rise of 3.1% in revenue from the year-earlier quarter to $284.2 million.

Analyst Ratings: Analysts seem relatively indifferent about Lamar Advertising Company with seven of 11 analysts surveyed maintaining a hold rating.

A Look Back: In the third quarter, profit rose more than fivefold to $4 million (4 cents a share) from $781,000 (one cent a share) the year earlier, but fell short analyst expectations. Revenue rose 3.7% to $296.7 million from $286.1 million.

Key Stats:

Revenue has gone up in the past four quarters. Revenue rose 2.4% in the second quarter from the year earlier, climbed 4.5% in the first quarter from the year-ago quarter and 5.1% in the fourth quarter of the last fiscal year.

Stock Price Performance: Between November 18, 2011 and February 16, 2012, the stock price rose $7.46 (31.3%), from $23.84 to $31.30. The stock price saw one of its best stretches over the last year between April 18, 2011 and April 27, 2011, when shares rose for seven straight days, increasing 6.4% (+$2.01) over that span. It saw one of its worst periods between July 22, 2011 and August 2, 2011 when shares fell for eight straight days, dropping 10.1% (-$2.74) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com