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Lamar Advertising reports Q3 AFFO $2.20, consensus $2.14

Reports Q3 revenue $585.5M, consensus $584M. “We delivered solid results in Q3, with an impressive uptick in national sales and consolidated year-over-year revenue growth improving to 2.9% on an acquisition-adjusted basis. In addition, we like the strength we are seeing in the holiday season and our momentum going into next year,” CEO Sean Reilly said. “Based on our pacings, we are on track to hit our revised guidance for full year diluted AFFO per share.”

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