Investing.com - Lamar reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Lamar announced earnings per share of $1.05 on revenue of $476.9M. Analysts polled by Investing.com anticipated EPS of $1.15 on revenue of $459.12M.
Lamar shares are up 41% from the beginning of the year and are trading at $117.92 , down-from-52-week-high.They are outperforming the Nasdaq which is up 21.43% from the start of the year.
Lamar follows other major Services sector earnings this month
Lamar's report follows an earnings missed by Amazon.com on October 28, who reported EPS of $6.12 on revenue of $110.81B, compared to forecasts EPS of $8.9 on revenue of $111.55B.
Visa A had beat expectations on October 26 with fourth quarter EPS of $1.62 on revenue of $6.56B, compared to forecast for EPS of $1.55 on revenue of $6.52B.
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