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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (38390)11/12/2002 6:50:25 PM
From: Johnny Canuck  Read Replies (1) | Respond to of 69159
 
16:38 ET LAMR Lamar Advertising misses estimates (34.88 +0.06)
Reports Q3 (Sep) loss of $0.06 per share, $0.01 worse than the Multex consensus of ($0.05); revenues rose 7.2% year/year to $201.9 mln vs the $199.1 mln consensus; sees Q4 revs in the range of $192 million to $195 million -- Multex consensus estimate is for revs of $191.3 mln.

[Harry: Guidance seems to suggest a stablization and slight
up tick in advertisement revenue. This is only a single
data point, but that is part of what we need to see in
order to confirm a recover of the economy. As a down turn wears on ad budgets are the first to go.]