Lamar Q3 net rev $564M (+4%), net income $147.8M (+5.3%); raises FY AFFO guidance to $7.85-$7.95

LAMAR ADVERTISING CO/NEW

2024-Q3 EPS reported $3.54 revenue$1,627,536,000

Q3 net revenue $564.1M (+4.0% YoY); net income $147.8M (+5.3%); diluted EPS $1.44.
Adjusted EBITDA $271.2M (+2.1% YoY); diluted AFFO per share $2.15 (+5.4%).
CEO: Strength in local & programmatic; Q4 revenue pacing ahead of Q3; full-year AFFO guidance raised to $7.85-$7.95.
Amended AR securitization program extending maturity to Oct 2027 (from July 2025); terms unchanged.
Total liquidity $450.7M as of Sep 30: $421.2M revolver availability and $29.5M cash.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.