Lamar Advertising Co (MEX:LAMR)
MXN 2458 0 (0%) Market Cap: 272.26 Bil Enterprise Value: 364.15 Bil PE Ratio: 26.77 PB Ratio: 11.28 GF Score: 89/100

Lamar Advertising Co at JPMorgan Global Technology, Media and Communications Conference Transcript

May 23, 2023 / 02:10PM GMT
Yong Choe
JPMorgan Chase & Co, Research Division - VP in Equity Research

I'd like to welcome everyone to JPMorgan's 51st Annual Telecom, Media and Communications Conference. My name is Richard Choe, and I work on this communication services and media team here at JPMorgan. I would like to welcome Sean Reilly, President and CEO of Lamar Advertising. Thank you for being here.

Sean E. Reilly
Lamar Advertising Company - CEO & President

Thanks for having me.

Questions & Answers

Yong Choe;Sean E.
JPMorgan Chase & Co, Research Division - VP in Equity Research

I wanted to start off with, I guess, a part of the business that has consistently done well, and I think people have appreciated the strength of Lamar's business through, I guess, I would say, a much more volatile macroeconomic and advertising environment and that's the local business. Can you help people get a sense of why and how that's been so consistent? And then are you seeing that change at all over the last few months?

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