Lamar Advertising Company (LAMR, Financial) filed Quarterly Report for the period ended 2012-06-30.
Lamar Advertising Co has a market cap of $2.89 billion; its shares were traded at around $34.45 with a P/E ratio of 163.1 and P/S ratio of 2.6. Lamar Advertising Co had an annual average earning growth of 5.4% over the past 10 years.
Net revenues increased $11.6 million or 3.9% to $304.9 million for the three months ended June 30, 2012 from $293.3 million for the same period in 2011. This increase was attributable primarily to an increase in billboard net revenues of $8.9 million or 3.4% over the prior period, an increase in logo revenue of $1.0 million or 6.8% over the prior period and a $1.6 million increase in transit revenue, which represents an increase of 10.3% over the prior period.
Net revenues increased $22.6 million or 4.1% to $571.1 million for the six months ended June 30, 2012 from $548.5 million for the same period in 2011. This increase was attributable primarily to an increase in billboard net revenues of $18.0 million or 3.7% over the prior period, an increase in logo sign revenue of $2.1 million, which represents an increase of 7.4% over the prior period, and a $2.4 million increase in transit revenue, which represents an increase of 8.8% over the prior period.
Net revenues increased $11.6 million or 3.9% to $304.9 million for the three months ended June 30, 2012 from $293.3 million for the same period in 2011. This increase was attributable primarily to an increase in billboard net revenues of $8.9 million or 3.4% over the prior period, an increase in logo revenue of $1.0 million or 6.8% over the prior period and a $1.6 million increase in transit revenue, which represents an increase of 10.3% over the prior period.
For the three months ended June 30, 2012, there was a $10.6 million increase in net revenues as compared to acquisition-adjusted net revenue for the three months ended June 30, 2011. The $10.6 million increase in revenue primarily consists of an $8.3 million increase in billboard revenue, a $0.7 million increase in logo revenue and a $1.6 million increase in transit revenue over the acquisition-adjusted net revenue for the comparable periods in 2011. This increase in revenue represents an increase of 3.6% over the comparable period in 2011. See Reconciliations below.
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Lamar Advertising Co has a market cap of $2.89 billion; its shares were traded at around $34.45 with a P/E ratio of 163.1 and P/S ratio of 2.6. Lamar Advertising Co had an annual average earning growth of 5.4% over the past 10 years.
Highlight of Business Operations:
Net revenues increased $22.6 million or 4.1% to $571.1 million for the six months ended June 30, 2012 from $548.5 million for the same period in 2011. This increase was attributable primarily to an increase in billboard net revenues of $18.0 million or 3.7% over the prior period, an increase in logo sign revenue of $2.1 million, which represents an increase of 7.4% over the prior period, and a $2.4 million increase in transit revenue, which represents an increase of 8.8% over the prior period.Net revenues increased $11.6 million or 3.9% to $304.9 million for the three months ended June 30, 2012 from $293.3 million for the same period in 2011. This increase was attributable primarily to an increase in billboard net revenues of $8.9 million or 3.4% over the prior period, an increase in logo revenue of $1.0 million or 6.8% over the prior period and a $1.6 million increase in transit revenue, which represents an increase of 10.3% over the prior period.
Net revenues increased $22.6 million or 4.1% to $571.1 million for the six months ended June 30, 2012 from $548.5 million for the same period in 2011. This increase was attributable primarily to an increase in billboard net revenues of $18.0 million or 3.7% over the prior period, an increase in logo sign revenue of $2.1 million, which represents an increase of 7.4% over the prior period, and a $2.4 million increase in transit revenue, which represents an increase of 8.8% over the prior period.
Net revenues increased $11.6 million or 3.9% to $304.9 million for the three months ended June 30, 2012 from $293.3 million for the same period in 2011. This increase was attributable primarily to an increase in billboard net revenues of $8.9 million or 3.4% over the prior period, an increase in logo revenue of $1.0 million or 6.8% over the prior period and a $1.6 million increase in transit revenue, which represents an increase of 10.3% over the prior period.
For the three months ended June 30, 2012, there was a $10.6 million increase in net revenues as compared to acquisition-adjusted net revenue for the three months ended June 30, 2011. The $10.6 million increase in revenue primarily consists of an $8.3 million increase in billboard revenue, a $0.7 million increase in logo revenue and a $1.6 million increase in transit revenue over the acquisition-adjusted net revenue for the comparable periods in 2011. This increase in revenue represents an increase of 3.6% over the comparable period in 2011. See Reconciliations below.
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