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Lamar Advertising Co (LAMR.OQ)

LAMR.OQ on NASDAQ Stock Exchange Global Select Market

75.59USD
24 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Lamar Advertising Co announces Q4 revenue of $386.7 mln
Wednesday, 22 Feb 2017 06:00am EST 

Lamar Advertising Co : Lamar Advertising Company announces fourth quarter and year end 2016 operating results . Q4 adjusted FFO per share $1.32 . Q4 revenue $386.7 million versus I/B/E/S view $388.4 million . Sees FY 2017 adjusted FFO per share $5.05 to $5.20 .Lamar Advertising Co - Sees FY net income per diluted share expected to be between $3.13 and $3.28.  Full Article

Janus Capital discloses 10 pct passive stake in Lamar Advertising Co as of Jan. 31
Friday, 10 Feb 2017 04:24pm EST 

Lamar Advertising Co :Janus Capital Management discloses 10 percent passive stake in Lamar Advertising Co as of January 31, 2017 - SEC filing.  Full Article

Lamar Advertising Q2 adjusted FFO per share $1.37
Tuesday, 9 Aug 2016 06:00am EDT 

Lamar Advertising Co : Q2 adjusted FFO per share $1.37 . Lamar Advertising Company announces second quarter 2016 operating results .Q2 revenue $387.5 million versus I/B/E/S view $384.1 million.  Full Article

Lamar Advertising Co gives FY 2016 earnings guidance
Tuesday, 23 Feb 2016 06:01am EST 

Lamar Advertising Co:Expects FY 2016 diluted AFFO per share to be between $4.85 and $5.00, with net income per diluted share expected to be between $2.97 and $3.06.  Full Article

Lamar Advertising Company Announces Acquisition of Five Markets From Clear Channel
Thursday, 7 Jan 2016 01:16pm EST 

Lamar Advertising Company:Says that it has acquired assets of Clear Channel Outdoor Holdings, Inc. in five U.S. markets.Markets were purchased for $458.5 million in cash and add more than 5,500 bulletin and poster faces, including 132 digital displays, in these five markets to Lamar's portfolio.Lamar expects the acquisition to be accretive to Adjusted Funds From Operations per share in 2016.J.P. Morgan Securities LLC acted as sole financial advisor to Lamar on the transaction.Lamar financed the acquisition using $160 million of revolver borrowings and a $300 million term loan bridge facility provided by J.P. Morgan Chase Bank, N.A.Kean Miller LLP and Locke Lord LLP acted as legal advisors to Lamar.  Full Article

Lamar Advertising announces acquisition of Alliance Airport Advertising
Tuesday, 7 Jul 2015 10:00am EDT 

Lamar Advertising Co:Says acquisition of Alliance Airport Advertising, expanding media inventory in five airports across the U.S.Financial terms of the transaction, which closed July 1, were not disclosed.  Full Article

Lamar Advertising Co announces cash dividend on common stock
Thursday, 28 May 2015 04:00pm EDT 

Lamar Advertising Co:Declares quarterly cash dividend of $0.69 per share.Payable on June 30, to stockholders of record of Lamar's Class A common stock and Class B common stock on June 16.  Full Article

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BRIEF-Lamar Advertising Co announces Q4 revenue of $386.7 mln

* Lamar Advertising Company announces fourth quarter and year end 2016 operating results