Lamar Advertising Company Quarterly Earnings Sneak Peek

Lamar Advertising Company (NASDAQ:LAMR) will unveil its latest earnings on Thursday, August 4, 2011. Lamar Advertising Company 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 net income of 7 cents per share, a decline of 22.2% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 9 cents. Between one and three months ago, the average estimate moved down, but it has been unchanged at 7 cents during the last month. For the year, analysts are projecting profit of 3 cents per share, a swing from a loss of 25 cents last year.

Past Earnings Performance: The company is looking to break the streak of missing estimates in the past two quarters. Last quarter, it fell short of analyst expectations by reporting net loss of 21 cents per share against an estimate of a loss of 20 cents per share. The quarter before that, it missed forecasts by one cent.

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Wall St. Revenue Expectations: On average, analysts predict $295.9 million in revenue this quarter, a rise of 3.3% from the year ago quarter. Analysts are forecasting total revenue of $1.14 billion for the year, a rise of 4.6% from last year’s revenue of $1.09 billion.

Analyst Ratings: Analysts seem relatively indifferent about Lamar Advertising Company with seven of 13 analysts surveyed maintaining a hold rating.

Key Stats:

Revenue has risen the past four quarters. Revenue increased 4.5% to $255.2 million in first quarter. The figure rose 5.1% in the fourth quarter of the last fiscal year from the year earlier, climbed 5.3% in the third quarter of the last fiscal year from the year-ago quarter and 4.2% in the second quarter of the last fiscal year.

Competitors to Watch: Clear Channel Outdoor Hldgs., Inc. (NYSE:CCO), AirMedia Group Inc. (NASDAQ:AMCN), Focus Media Holding Ltd. (NASDAQ:FMCN), National CineMedia, Inc. (NASDAQ:NCMI), Omnicom Group Inc. (NYSE:OMC), Interpublic Group of Companies, Inc. (NYSE:IPG), VisionChina Media Inc (NASDAQ:VISN), ValueClick, Inc. (NASDAQ:VCLK), Inuvo, Inc. (AMEX:INUV), and interCLICK Inc (NASDAQ:ICLK).

Stock Price Performance: During May 4, 2011 to July 29, 2011, the stock price had fallen $3.29 (-11.4%) from $28.75 to $25.46. 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, rising 6.4% (+$2.01) over that span. It saw one of its worst periods between April 1, 2011 and April 12, 2011 when shares fell for eight-straight days, falling 11.8% (-$4.37) over that span. Shares are down $14.38 (-36.1%) year to date.

(Source: Xignite Financials)

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