Investing.com - Lamar reported on Friday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Lamar announced earnings per share of $1.08 on revenue of $428.5M. Analysts polled by Investing.com anticipated EPS of $0.7795 on revenue of $412.43M.
Lamar shares are up 4% from the beginning of the year and are trading at $86.85 , down-from-52-week-high.They are outperforming the Nasdaq which is up 1.79% from the start of the year.
Lamar follows other major Services sector earnings this month
Lamar's report follows an earnings beat by Amazon.com on February 2, who reported EPS of $14.09 on revenue of $125.56B, compared to forecasts EPS of $7.2 on revenue of $119.72B.
Alibaba ADR had beat expectations on February 2 with third quarter EPS of $22.03 on revenue of $221.08B, compared to forecast for EPS of $20.59 on revenue of $214.17B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar