Welcome to our dedicated page for Lamar Advertising Co news (Ticker: LAMR), a resource for investors and traders seeking the latest updates and insights on Lamar Advertising Co stock.
Lamar Advertising Company (NASDAQ: LAMR) is an outdoor advertising REIT that rents space on billboards, buses, shelters, benches, logo plates and in airport terminals. The company also offers customers services that cover ad copy production, placement and maintenance, and it reports that key revenue is generated from its billboard segment. Its public communications describe it as a leading owner and operator of outdoor advertising and logo sign displays.
This news page aggregates Lamar Advertising Company updates drawn from press releases and related SEC filings. Readers can find announcements on quarterly and year-to-date operating results, including net revenues, net income, adjusted EBITDA, funds from operations (FFO), adjusted funds from operations (AFFO) and free cash flow. The company also reports acquisition-adjusted revenue and EBITDA to show the impact of acquired or divested out-of-home assets, as well as gains from transactions such as the sale of its equity interest in Vistar Media, Inc.
Investors following LAMR news will see regular disclosures on dividend declarations for Class A and Class B common stock, including quarterly and special cash dividends. The page also captures financing and balance sheet developments, such as institutional private placements of senior notes due 2033, amendments to the senior credit agreement establishing new Term B Loan facilities, and changes in liquidity and borrowing under the revolving credit facility and accounts receivable securitization program.
In addition, Lamar’s news includes information on acquisitions of out-of-home assets, such as the contribution of Verde Outdoor billboard faces to its operating partnership, and leadership updates like the appointment of a president for its Outdoor Division. Conference participation and earnings release schedules are also disclosed. Bookmark this page to review Lamar Advertising Company’s historical announcements, financial updates and corporate actions in one place.
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Lamar Advertising Company (NASDAQ: LAMR) will announce its first quarter earnings for the period ending March 31, 2023, on May 4, 2023, before market opening. The Company will also hold a conference call at 8:00 a.m. Central Time on the same day to discuss the earnings report and engage with stakeholders. Callers can dial 1-800-420-1271 or 1-785-424-1634 with the passcode 63104 to participate. A live webcast will be available on Lamar’s investor relations website, and a replay will be accessible until May 11, 2023. Contact for more information is Buster Kantrow, Director of Investor Relations, at (225) 926-1000 or via email at bkantrow@lamar.com.
Lamar Advertising Company (Nasdaq: LAMR) announced that CEO Sean Reilly will participate in a panel at the Wolfe Research Third Annual Real Estate and Housing Conference on March 2, 2023, at approximately 11:00 a.m. EST. The panel will focus on outdoor advertising and will be available via live webcast on the company's website, with an archive accessible for 30 days.
Lamar Advertising, founded in 1902, is a leading outdoor advertising firm in North America. It operates over 363,000 displays across the U.S. and Canada, offering various advertising formats, including the largest network of digital billboards with around 4,500 displays.
Lamar Advertising Company (Nasdaq: LAMR) announced that CEO Sean Reilly will participate in a Q&A session at the Morgan Stanley Technology, Media and Telecom Conference on March 8, 2023, at 12:10 p.m. EST. The session will be broadcast live via audio webcast on the company’s website and archived for 30 days. Established in 1902, Lamar is a leading outdoor advertising firm in North America, boasting over 363,000 displays in the U.S. and Canada, including the largest digital billboard network in the U.S. with approximately 4,500 displays.
Lamar Advertising Company (Nasdaq: LAMR) announced that CEO Sean Reilly will participate in a Q&A session at the Citi 2023 Global Property CEO Conference on March 6, 2023, at approximately 1:40 p.m. EST. The session will be available via live audio webcast on the company's website and archived for 30 days. Founded in 1902, Lamar is a leading outdoor advertising company in North America, operating over 363,000 displays across the US and Canada. The company boasts the largest digital billboard network in the US, with around 4,500 displays, providing diverse advertising formats for local and national brands.
Lamar Advertising Company (Nasdaq: LAMR) reported strong operating results for Q4 and the full year ended December 31, 2022. Q4 net revenue was $535.5 million, up 8.3% from $494.6 million in Q4 2021. Net income decreased to $66.1 million from $123.3 million year-over-year. Adjusted EBITDA rose 9.4% to $252.3 million. For the full year, net revenue reached $2.03 billion, a 13.7% increase, while net income rose to $438.6 million. The company completed 19 acquisitions in Q4 at a cost of $192 million. Guidance for 2023 anticipates diluted AFFO per share between $7.40 and $7.55.