8-K
filed February 23, 2024, 6:59 PM ET
ticker LAMR
CIK 0001090425
earnings
confidence high
sentiment positive
materiality 0.75
Lamar Advertising Q4 AFFO per share $2.10 (+9.9% YoY); FY2024 AFFO guidance $7.67-$7.82
LAMAR ADVERTISING CO/NEW
2023-FY EPS reported
$4.85
revenue$2,110,987,000
- Q4 net revenue $555.9M (+3.8% YoY); adjusted EBITDA $268.2M (+6.3% YoY).
- Full-year 2023 AFFO per share $7.47; net income $496.8M ($4.85 diluted EPS).
- FY2024 guidance: diluted EPS $5.02-$5.07, diluted AFFO per share $7.67-$7.82.
- Q4 net income $149.3M ($1.46 diluted EPS) vs $66.1M ($0.65) a year earlier.
- CEO cites strength in local sales and expense control for results.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 1.0
LAMAR ADVERTISING CO/NEW reported the year ended December 31, 2023 results: revenue $2.11 billion, net income $496.8 million, EPS $4.85. Guidance reaffirmed.
- Period
- the year ended December 31, 2023
- Revenue
- $2.11 billion
- Net income
- $496.8 million
- EPS
- $4.85
- Guidance
- reaffirmed
- Result
- reported results
Exact text from the filing
Results Three Month Results • Net revenue was $555.9 million • Net income was $149.3 million • Adjusted EBITDA was $268.2 million Twelve Month Results • Net revenue was $2.11 billion • Net income was $496.8 million • Adjusted EBITDA was $985.7 million Baton Rouge, LA – February 23, 2024 - Lamar Advertising Company (the “Company” or “Lamar”) (Nasdaq: LAMR), a
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 1.0
LAMAR ADVERTISING CO/NEW reported the quarter ended December 31, 2023 results: revenue $555.9 million, net income $149.3 million, EPS $1.46.
- Period
- the quarter ended December 31, 2023
- Revenue
- $555.9 million
- Net income
- $149.3 million
- EPS
- $1.46
- Result
- reported results
Exact text from the filing
Boulevard Baton Rouge, LA 70808 Lamar Advertising Company Announces Fourth Quarter and Year Ended December 31, 2023 Operating Results Three Month Results • Net revenue was $555.9 million • Net income was $149.3 million • Adjusted EBITDA was $268.2 million Twelve Month Results • Net revenue was $2.11 billion • Net income was $496.8 million • Adjusted EBITDA was
View on SEC.gov
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