Lamar Advertising (NASDAQ: LAMR) reported mixed fourth-quarter results, with earnings per share of $1.50 missing Wall Street expectations by $0.07, even as revenue of $595.9 million topped forecasts. The company's stock edged down 0.41% in pre-market trading following the announcement.
For the full year, Lamar posted revenue of $2.27 billion, up 2.7%, with net income climbing to $593.1 million. Adjusted EBITDA reached $1.06 billion, while diluted AFFO per share rose 3.4% to $8.26. CEO Sean Reilly noted encouraging sales momentum in both local and national markets despite tough political comparisons.
Lamar expects fiscal 2026 EPS between $5.72 and $5.83, below the current consensus of $5.91. However, the company guided for diluted AFFO per share of $8.50 to $8.70, signaling confidence in cash flow generation. With more than 360,000 displays across North America, including over 5,500 digital billboards, Lamar continues investing in digital deployment while emphasizing steady organic growth.
Source: Investing.com News · Summarized by HeadlinesBriefing