Quarterly ResultMay 7, 2026, 10:28 AM
Lamar Advertising Q1 EPS $1.00, Down from $1.35; Revenue Up to $528M
AI Summary
Lamar Advertising reported a decrease in net income and basic earnings per share for the three months ended March 31, 2026, with net income falling to $101.2 million and basic EPS to $1.00. Despite this, net revenues increased to $528.0 million, and cash flows from operating activities rose to $147.4 million. The company also increased its cash dividends declared per common share to $1.60 and saw a significant increase in acquisition spending.
Key Highlights
- Net income applicable to common stock decreased to $101.2M from $138.7M.
- Basic earnings per share fell to $1.00 from $1.35 year-over-year.
- Net revenues increased to $528.0M for Q1 2026, up from $505.4M.
- Cash dividends declared per common share rose to $1.60 from $1.55.
- Cash flows from operating activities increased to $147.4M from $127.7M.
- Acquisitions significantly increased to $58.6M from $22.1M.
- Long-term debt, net, increased to $3.25B from $3.17B.
Price Impact
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