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.