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Dec 31, 2024
Lamar Q4 2024 Earnings Report
Lamar's revenue growth accelerated, driven by strength in political, local, and programmatic sectors, resulting in full-year AFFO above revised guidance.
Key Takeaways
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.
Net revenue increased by 4.3% in the fourth quarter.
Net loss was $(1.0) million.
Adjusted EBITDA increased by 3.9%.
AFFO increased by 5.4%.
Lamar
Lamar
Forward Guidance
Lamar Advertising Company expects diluted AFFO per share for fiscal year 2025 to be between $8.13 and $8.28.