Lamar Earnings Reports

Lamar Advertising Company reported a net revenue increase of 4.3% to $579.6 million for Q4 2024. Despite a net loss of $1.0 million, the adjusted EBITDA increased by 3.9% to $278.5 million. The company anticipates growth in diluted AFFO for 2025, projecting a range of $8.13 to $8.28 per share.

Lamar Advertising Company reported a 4.0% increase in net revenues, reaching $564.1 million, and a 5.3% increase in net income, amounting to $147.8 million for the third quarter ended September 30, 2024. The company's AFFO also increased by 5.7%.

Lamar Advertising Company reported a 4.5% increase in net revenue, reaching $565.3 million for the second quarter of 2024. Net income increased to $137.6 million, and adjusted EBITDA grew by 6.9%. The company's diluted AFFO per share also saw a 9.5% increase.

Lamar Advertising Company reported a 5.7% increase in net revenue to $498.2 million for the first quarter of 2024. Net income increased to $78.5 million, and Adjusted EBITDA rose by 7.1% to $211.9 million. The company raised its full-year diluted AFFO guidance to a range of $7.75 to $7.90 per share.

Lamar Advertising Company reported a 3.8% increase in net revenue for Q4 2023, reaching $555.9 million. Net income increased significantly to $149.3 million, and Adjusted EBITDA rose by 6.3% to $268.2 million. The company projects further growth in AFFO for 2024.

Lamar Advertising Company reported net revenues of $542.6 million for the third quarter of 2023, a 2.9% increase compared to the same period in 2022. Net income was $140.4 million, while adjusted EBITDA reached $265.7 million, a 5.8% increase.

Lamar Advertising Company reported a 4.5% increase in net revenue and a 4.3% increase in adjusted EBITDA for the second quarter of 2023. However, net income decreased by $3.3 million, and diluted AFFO per share decreased by 2.1%. The company has revised its full-year diluted AFFO guidance to a range of $7.13 to $7.28 per share due to a slowdown in business activity.

Lamar Advertising Company reported a 4.4% increase in net revenue and a 3.5% increase in Adjusted EBITDA for the first quarter of 2023. However, net income decreased by $16.0 million due to an increase in interest expense.

Lamar Advertising Company reported net revenues of $535.5 million for the fourth quarter of 2022, an 8.3% increase compared to the fourth quarter of 2021. Net income for the quarter was $66.1 million. The company anticipates full-year diluted AFFO per share of $7.40 to $7.55 for 2023.

Lamar Advertising Company reported increased net revenues and operating income for the third quarter ended September 30, 2022. Net revenue increased by 10.6% to $527.4 million, and operating income increased by 35.7% to $181.0 million. Net income was $146.2 million, compared to $106.8 million for the same period in 2021.