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re: What's going on with Lamar??

Posted on 3/9/20 at 8:59 am to
Posted by bayoubengals88
LA
Member since Sep 2007
18998 posts
Posted on 3/9/20 at 8:59 am to
Gotta be linked to oil and gas down here is all I can guess.

Revenue and estimates improved last quarter.

43% though?!
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 3/9/20 at 9:03 am to
quote:

Gotta be linked to oil and gas down here is all I can guess.


Why?

They're a national company. IIRC they have like 300k billboards.
Posted by Drunken Crawfish
Member since Apr 2017
3824 posts
Posted on 3/9/20 at 9:15 am to
quote:

Gotta be linked to oil and gas down here is all I can guess.

Revenue and estimates improved last quarter.


Strange. It looks like they had their stock drop to almost $7 in 2009. People may be assuming advertising budgets get cut in a recession (if we are heading that way?)
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