The
Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.
The company said it had net income of
The outdoor and transit advertising company, based in
Lamar expects full-year funds from operations in the range of
The company's shares have decreased 20% since the beginning of the year. The stock has decreased 11% in the last 12 months.
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