Lamar Advertising Co (LAMR) reported a third-quarter net loss applicable to common stock of $4.87 million or $0.05 per share compared to income of $1.74 million or $0.02 per share last year.
On average, 14 analysts polled by Thomson Reuters expected the company to report a loss of $0.16 per share for the quarter. Analysts' estimates typically exclude special items.
Net revenues decreased to $271.77 million from $312.52 million last year. Analysts expected revenue of $265.48 million for the quarter.
For the fourth quarter of 2009 the company expects net revenue to be approximately $257.0 million.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.