{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-019751","form_type":"8-K","ticker":"LAMR","cik":"0001090425","company_name":"LAMAR ADVERTISING CO/NEW","filed_at":"2024-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.241771+00:00","generated_at":"2026-06-02T23:52:42.581264+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Lamar Advertising Q1 revenue up 5.7%, raises full-year AFFO guidance","bullets":["Net revenue $498.2M (+5.7% YoY); net income $78.5M vs $76.2M.","Adjusted EBITDA $211.9M (+7.1%); diluted AFFO per share $1.54 (+9.2%).","Full-year 2024 diluted AFFO guidance raised to $7.75-$7.90 per share.","CEO Sean Reilly cites local sales strength and return to same-store digital growth.","Free cash flow $138.7M (+22.4%); total liquidity $634.8M at quarter end."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-019751","json":"https://secwatch.observer/filing/0001628280-24-019751.json","markdown":"https://secwatch.observer/filing/0001628280-24-019751.md","text":"https://secwatch.observer/filing/0001628280-24-019751.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1090425/000162828024019751/0001628280-24-019751-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1090425/000162828024019751/lamr-20240502.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T23:52:42.581264+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":"ec9c4705647538e8c1e75b1aac81b929d53ea4bb","claim":"LAMAR ADVERTISING CO/NEW reported fiscal year 2024 results: EPS $4.95 to $5.01. Guidance raised.","evidence_excerpt":"We are updating our 2024 guidance issued in February 2024. We now expect net income per diluted share for fiscal year 2024 to be between $4.95 and $5.01, with diluted AFFO per share between $7.75 and $7.90.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1090425/000162828024019751/0001628280-24-019751-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal year 2024"},{"label":"EPS","value":"$4.95 to $5.01"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"fd9bbe5a668dcc4291f76bfe020d96c7b843318d","claim":"LAMAR ADVERTISING CO/NEW reported three months ended March 31, 2024 results: revenue $498.2 million, net income $78.5 million, EPS $0.76.","evidence_excerpt":"Lamar reported net revenues of $498.2 million for the first quarter of 2024 versus $471.3 million for the first quarter of 2023, a 5.7% increase. Operating income for the first quarter of 2024 increased $5.8 million to $124.6 million as compared to $118.8 million for the same period in 2023. Lamar recognized net income of $78.5 million for the first quarter of 2024 as compared to net income of $76.2 million for the same period in 2023, an increase of $2.3 million. Net income per diluted share was $0.76 and $0.74 for the three months ended March 31, 2024 and 2023, respectively.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1090425/000162828024019751/0001628280-24-019751-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended March 31, 2024"},{"label":"Revenue","value":"$498.2 million"},{"label":"Net income","value":"$78.5 million"},{"label":"EPS","value":"$0.76"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}