Quarterly ResultAug 6, 2026, 10:53 AM
Lamar Advertising Q2 Revenue Up 6.5% to $616.7M; YTD Net Income Down 10.6%
AI Summary
Lamar Advertising reported a 6.5% increase in Q2 2026 net revenues to $616.7 million, with basic EPS rising to $1.58. For the six months ended June 30, 2026, net revenues grew 5.5% to $1.14 billion, but net income attributable to controlling interest decreased 10.6% to $262.0 million compared to the prior year. The company also completed 28 acquisitions totaling $101.9 million and increased its quarterly common stock dividend to $1.60 per share.
Key Highlights
- Q2 2026 net revenues increased 6.5% to $616.7 million.
- Q2 2026 basic EPS rose 3.9% to $1.58.
- YTD 2026 net revenues increased 5.5% to $1.14 billion.
- YTD 2026 net income attributable to controlling interest decreased 10.6% to $262.0 million.
- Cash flows from operating activities for YTD 2026 increased 11.9% to $399.8 million.
- Completed 28 acquisitions for $101.9 million during H1 2026.
- Declared Q2 common stock dividend of $1.60 per share.
- Equity Incentive Plan shares increased by 2 million.
Price Impact
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