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Stock impact report

Lamar Advertising Company Announces First Quarter Ended March 31, 2024 Operating Results [Yahoo! Finance]

Lamar Advertising Company - Class A (LAMR) 
Last lamar advertising company - class a earnings: 2/20 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: lamar.com/about/investors
Company Research Source: Yahoo! Finance
BATON ROUGE, La., May 02, 2024 (GLOBE NEWSWIRE) -- Lamar Advertising Company (the “Company” or “Lamar”) (Nasdaq: LAMR), a leading owner and operator of outdoor advertising and logo sign displays, announces the Company's operating results for the first quarter ended March 31, 2024. "Our first-quarter results exceeded our internal expectations, with particular strength in local sales. In addition, we returned to same-store growth in digital, and the rest of 2024 is shaping up well," Lamar chief executive Sean Reilly said. "As a result, we are raising our guidance for full-year diluted AFFO to a range of $7.75 to $7.90 per share." First Quarter Highlights Net revenue increased 5.7% Adjusted EBITDA increased 7.1% Diluted AFFO per share increased 9.2% First Quarter Results 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 Show less Read more
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