secwatch.observer — SEC 8-K summary
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Issuer:     LAMAR ADVERTISING CO/NEW (LAMR)
CIK:        0001090425
Form:       8-K
Filed at:   2024-02-23T23:59:59+00:00
Accession:  0001628280-24-006507
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lamar Advertising Q4 AFFO per share $2.10 (+9.9% YoY); FY2024 AFFO guidance $7.67-$7.82
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1090425/000162828024006507/0001628280-24-006507-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1090425/000162828024006507/lamr-20240223.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-006507

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