earnings
confidence high
sentiment neutral
materiality 0.60
Lamar Q1 net revenue $505.4M (+1.5% YoY); AFFO $1.60/share (+3.9%); guidance reaffirmed
LAMAR ADVERTISING CO/NEW
2025-Q1 EPS reported
$1.35
revenue$505,430,000
- Net income $139.2M vs. $78.5M in Q1 2024, up 77.4% driven by $67.7M gain from sale of Vistar stake.
- Adjusted EBITDA $210.2M (-0.8% YoY); AFFO $164.3M (+3.8%); diluted AFFO per share $1.60.
- Acquisition-adjusted net revenue grew 1.1%; CEO cited local and programmatic strength.
- Repurchased 164,529 shares in Q1 ($18.4M); 1.22M additional shares in April ($131.6M).
- Full-year diluted AFFO per share guidance reaffirmed based on current pacings.