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	<title>Stock Blog Hub &#187; Lamar Advertising Company</title>
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		<title>(LAMR) Lamar Advertising Company &#8211; Bull of the Day</title>
		<link>http://www.stockbloghub.com/2012/01/19/lamr-lamar-advertising-company-bull-of-the-day/90489</link>
		<comments>http://www.stockbloghub.com/2012/01/19/lamr-lamar-advertising-company-bull-of-the-day/90489#comments</comments>
		<pubDate>Thu, 19 Jan 2012 23:35:30 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Marketing Services]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[Lamar Advertising Company]]></category>
		<category><![CDATA[LAMR]]></category>

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		<description><![CDATA[Lamar Advertising Co. (LAMR) reported quite an improvement in the third quarter results with earnings per share of $0.04, exceeding the year-ago reported earnings of $0.01. Net revenue jumped 3.2% y/y and exceeded management&#8217;s guidance by 1.3%. Moreover, the company&#8217;s debt level plummeted in the quarter, bringing down the interest expense by 6.2%. Accounting for these positive factors and anticipating further improvements in the advertising market in 2012 in the backdrop of reviving US economy, we upgrade our recommendation on Lamar from Neutral to Outperform. The Zacks estimate for 2012 also represents a significant increase. The company is currently trading at a Price-to-Cash Flow (P/CF) multiple of 9.0x. We believe the company will outperform the broader market going forward. Our target price is $35.00, based on P/CF of 10.3x. LAMAR ]]></description>
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		<title>(LAMR) Lamar Advertising Company Expands Debt</title>
		<link>http://www.stockbloghub.com/2010/04/12/lamr-lamar-advertising-company-expands-debt/33419</link>
		<comments>http://www.stockbloghub.com/2010/04/12/lamr-lamar-advertising-company-expands-debt/33419#comments</comments>
		<pubDate>Mon, 12 Apr 2010 17:57:47 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Marketing Services]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[Lamar Advertising Company]]></category>
		<category><![CDATA[LAMR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=33419</guid>
		<description><![CDATA[Lamar Media Corp., subsidiary of Lamar Advertising Company (LAMR), announced a tender offer for the purchase of $385 million 7 1/4% senior subordinated notes due 2013. In order to fund the same, Lamar simultaneously priced the private offering of 7 7/8% senior subordinated notes due 2018 aggregating $400 million. The company is expected to generate net proceeds of approximately $391 million from the offering. The company has extended the period of repayment, but the debt did not reduce in total. As on December 31, 2009, total debt was $2.6 million and there was $3.3 million of outstanding convertible notes due 2010. Despite the level of debt presently outstanding, the terms of the indentures governing Lamar Media’s notes and the terms of the senior credit facility allow Lamar Media to incur ]]></description>
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		<title>(LAMR) Lamar Advertising Company Reports Net Loss</title>
		<link>http://www.stockbloghub.com/2010/03/04/lamr-lamar-advertising-company-reports-net-loss/29713</link>
		<comments>http://www.stockbloghub.com/2010/03/04/lamr-lamar-advertising-company-reports-net-loss/29713#comments</comments>
		<pubDate>Thu, 04 Mar 2010 16:50:36 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Marketing Services]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[Lamar Advertising Company]]></category>
		<category><![CDATA[LAMR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=29713</guid>
		<description><![CDATA[Recently, Lamar Advertising Company (LAMR), a leading owner and operator of outdoor advertising and logo sign displays, reported results for the fourth quarter and full year 2009. During the quarter, net revenues were $262.3 million versus $279.3 million in the fourth quarter of 2008, a 6.1% decrease. Operating income was $20.4 million compared to $23.8 million for the same period in 2008. EBITDA was $106.8 million versus $114.4 million in the fourth quarter of 2008, a 6.7% decrease. There was a net loss of $19.7 million for the fourth quarter of 2009 compared to a net loss of $8.6 million for the fourth quarter of 2008. Net loss per share was 22 cents compared to a net loss of 9 cents in the year-ago quarter. The reported loss per share ]]></description>
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		<title>(LAMR) Lamar Advertising Company Hurt by Economic Situation</title>
		<link>http://www.stockbloghub.com/2009/11/08/lamr-lamar-advertising-company-hurt-by-economic-situation/19859</link>
		<comments>http://www.stockbloghub.com/2009/11/08/lamr-lamar-advertising-company-hurt-by-economic-situation/19859#comments</comments>
		<pubDate>Mon, 09 Nov 2009 03:22:56 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Marketing Services]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[Lamar Advertising Company]]></category>
		<category><![CDATA[LAMR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=19859</guid>
		<description><![CDATA[Lamar Advertising Company (LAMR) has announced decent operating results for the third quarter ended Sep 30, 2009. Lamar reported net revenues of $271.8 million for the third quarter of 2009 versus $312.5 million for the third quarter of 2008, a 13.0% decrease. Operating income for the quarter was $39.3 million compared to $53.2 million for the same period in 2008. There was a net loss of $4.8 million for the third quarter of 2009 compared to net income of $1.8 million for the third quarter of 2008. Adjusted EBITDA was $122.5 million versus $134.5 million for the third quarter of 2008, an 8.9% decrease. Free cash flow was $83.0 million compared to $42.9 million for the same period in 2008, a 93.4% increase. Lamar is a leading owner and operator of ]]></description>
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