---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-028337"
form_type: "8-K"
ticker: "LAMR"
cik: "0001090425"
company_name: "LAMAR ADVERTISING CO/NEW"
filed_at: "2022-11-04T23:59:59+00:00"
generated_at: "2026-06-22T06:32:27.367882+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Lamar Q3 net revenue $527M, up 10.6% YoY; AFFO per share $2.03 +6.8%; guidance reaffirmed

## Summary
- Net revenue $527.4M, operating income $181M, net income $146.2M, all up double-digit YoY.
- Adjusted EBITDA $251.2M (+8.9%); diluted AFFO per share $2.03 (+6.8%).
- Acquisition-adjusted revenue growth 6%; CEO says full-year AFFO/share tracking to top of guidance.
- Nine-month net revenue $1.50B (+15.8%); net income $372.5M vs $264.8M.
- Liquidity $857.3M at Sep 30; $75M AR securitization paydown post-quarter.

## SEC filing metadata
- accession: 0001628280-22-028337
- form_type: 8-K
- ticker: LAMR
- cik: 0001090425
- company_name: LAMAR ADVERTISING CO/NEW
- filed_at: 2022-11-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1090425/000162828022028337/0001628280-22-028337-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1090425/000162828022028337/lamr-20221104.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-028337
- JSON: https://secwatch.observer/filing/0001628280-22-028337.json
- Plain text: https://secwatch.observer/filing/0001628280-22-028337.txt

## Key facts
- Earnings Releases
  LAMAR ADVERTISING CO/NEW reported Third Quarter Ended September 30, 2022 results: revenue $527.4 million, net income $146.2 million, EPS $1.44. Guidance reaffirmed.
  - Period: Third Quarter Ended September 30, 2022
  - Revenue: $527.4 million
  - Net income: $146.2 million
  - EPS: $1.44
  - Guidance: reaffirmed
  - Result: reported results
  source text: Three Month Results • Net revenue was $527.4 million • Net income was $146.2 million • Adjusted EBITDA was $251.2 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1090425/000162828022028337/0001628280-22-028337-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.