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Lamar Advertising Company (LAMR) filed Quarterly Report for the period ended 2011-09-30.
Lamar Advertising Company has a market cap of $2.31 billion; its shares were traded at around $21.03 with and P/S ratio of 2.1. Lamar Advertising Company had an annual average earning growth of 5.9% over the past 10 years. GuruFocus rated Lamar Advertising Company the business predictability rank of 3.5-star.
This is the annual revenues and earnings per share of LAMR over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of LAMR.
Highlight of Business Operations:
Net revenues increased $28.6 million or 3.5% to $845.2 million for the nine months ended September 30, 2011 from $816.6 million for the same period in 2010. This increase was attributable primarily to an increase in billboard net revenues of $21.4 million or 2.9% over the prior period, an increase in logo sign revenue of $5.8 million, which represents an increase of 15.6% over the prior period, and a $1.5 million increase in transit revenue, which represents an increase of 3.4% over the prior period.Net revenues increased $10.6 million or 3.7% to $296.7 million for the three months ended September 30, 2011 from $286.1 million for the same period in 2010. This increase was attributable primarily to an increase in billboard net revenues of $9.0 million or 3.5% over the prior period, an increase in logo revenue of $2.3 million or 18.3% increase and a $0.7 million decrease in transit revenue over the prior period, which represents a decrease of 4.0% over the prior period.
For the three months ended September 30, 2011, there was a $9.2 million increase in net revenues as compared to acquisition-adjusted net revenue for the three months ended September 30, 2010. The $9.2 million increase in revenue primarily consists of an $8.5 million increase in billboard revenue, a $1.0 million increase in logo revenue, offset by a $0.3 million decrease in transit revenue over the acquisition-adjusted net revenue for the comparable periods in 2010. This increase in revenue represents an increase of 3.2% over the comparable period in 2010. See “Reconciliations” below.
Net revenues increased $28.6 million or 3.5% to $845.2 million for the nine months ended September 30, 2011 from $816.6 million for the same period in 2010. This increase was attributable primarily to an increase in billboard net revenues of $21.4 million or 2.9% over the prior period, an increase in logo sign revenue of $5.8 million, which represents an increase of 15.6% over the prior period, and a $1.5 million increase in transit revenue, which represents an increase of 3.4% over the prior period.
Net revenues increased $10.6 million or 3.7% to $296.7 million for the three months ended September 30, 2011 from $286.1 million for the same period in 2010. This increase was attributable primarily to an increase in billboard net revenues of $9.0 million or 3.5% over the prior period, an increase in logo revenue of $2.3 million or 18.3% increase and a $0.7 million decrease in transit revenue over the prior period, which represents a decrease of 4.0% over the prior period.
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