{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-004953","form_type":"8-K","ticker":"LAMR","cik":"0001090425","company_name":"LAMAR ADVERTISING CO/NEW","filed_at":"2023-02-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.834455+00:00","generated_at":"2026-06-19T00:27:32.740858+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Lamar Q4 revenue $535.5M (+8.3%), AFFO $1.91/sh; FY23 AFFO guidance $7.40-$7.55","bullets":["Q4 net revenue $535.5M, up 8.3% YoY; adjusted EBITDA $252.3M, up 9.4%.","Full-year 2022 net revenue $2.03B (+13.7%), net income $438.6M, AFFO per share $7.38 (+12%).","FY 2023 guidance: diluted AFFO per share $7.40-$7.55, net income per share $5.14-$5.21.","Board authorized $250M share repurchase and $250M debt repurchase through Sep 2024.","Completed 73 acquisitions in 2022 for ~$480M, adding 8,200+ displays."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-004953","json":"https://secwatch.observer/filing/0001628280-23-004953.json","markdown":"https://secwatch.observer/filing/0001628280-23-004953.md","text":"https://secwatch.observer/filing/0001628280-23-004953.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1090425/000162828023004953/0001628280-23-004953-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1090425/000162828023004953/lamr-20230224.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T00:27:32.740858+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"57cfebab4f0db1c51453f3390e233722f2925cff","claim":"LAMAR ADVERTISING CO/NEW reported the fourth quarter ended December 31, 2022 results: revenue $535.5 million, net income $66.1 million, EPS $0.65. Guidance initiated.","evidence_excerpt":"Lamar reported net revenues of $535.5 million for the fourth quarter of 2022 versus $494.6 million for the fourth quarter of 2021, an 8.3% increase. Operating income for the fourth quarter of 2022 decreased $39.9 million to $110.1 million as compared to $149.9 million for the same period in 2021. Lamar recognized net income of $66.1 million for the fourth quarter of 2022 as compared to net income of $123.3 million for same period in 2021, a decrease of $57.2 million. Net income per diluted share was $0.65 and $1.21 for the three months ended December 31, 2022 and 2021, respectively.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1090425/000162828023004953/0001628280-23-004953-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2022"},{"label":"Revenue","value":"$535.5 million"},{"label":"Net income","value":"$66.1 million"},{"label":"EPS","value":"$0.65"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"6f3d6f2a3907f221829681efb8a3049a673489cc","claim":"LAMAR ADVERTISING CO/NEW reported the year ended December 31, 2022 results: revenue $2.03 billion, net income $438.6 million, EPS $4.31. Guidance initiated.","evidence_excerpt":"Lamar reported net revenues of $2.03 billion for the twelve months ended December 31, 2022 versus $1.79 billion for the twelve months ended December 31, 2021, a 13.7% increase. Operating income for the twelve months ended December 31, 2022 increased $56.8 million to $578.0 million as compared to $521.2 million for the same period in 2021. Lamar recognized net income of $438.6 million for the twelve months ended December 31, 2022 as compared to net income of $388.1 million for the same period in 2021, an increase of $50.6 million. Net income per diluted share was $4.31 and $3.83 for the twelve months ended December 31, 2022 and 2021, respectively.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1090425/000162828023004953/0001628280-23-004953-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 31, 2022"},{"label":"Revenue","value":"$2.03 billion"},{"label":"Net income","value":"$438.6 million"},{"label":"EPS","value":"$4.31"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"7b0153e1aea11c9647b38aa00bf519b09cf98057","claim":"LAMAR ADVERTISING CO/NEW reported fiscal year 2023 results: EPS between $5.14 and $5.21. Guidance initiated.","evidence_excerpt":"We expect net income per diluted share for fiscal year 2023 to be between $5.14 and $5.21, with diluted AFFO per share between $7.40 and $7.55.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1090425/000162828023004953/0001628280-23-004953-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal year 2023"},{"label":"EPS","value":"between $5.14 and $5.21"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}