Quarterly ResultAug 6, 2026, 07:08 AM
Lamar Q2 Diluted AFFO/Share $2.40; Raises FY26 Guidance
AI Summary
Lamar Advertising Company reported strong second-quarter 2026 operating results, with net revenues increasing 6.5% to $616.7 million and diluted AFFO per share growing 8.1% to $2.40. Adjusted EBITDA for the quarter rose 9.0% to $303.4 million. Following these results, the company raised its full-year 2026 diluted AFFO per share guidance to a range of $8.75 to $8.90, reflecting confidence in its business performance and future outlook.
Key Highlights
- Q2 2026 net revenues increased 6.5% to $616.7 million.
- Q2 2026 net income rose 6.2% to $164.6 million.
- Q2 2026 Adjusted EBITDA increased 9.0% to $303.4 million.
- Q2 2026 diluted AFFO per share grew 8.1% to $2.40.
- Full-year 2026 diluted AFFO per share guidance raised to $8.75-$8.90.
- Full-year 2026 diluted EPS guidance set at $5.95-$5.99.
- Six-month net revenues increased 5.5% to $1.14 billion.
- Six-month Adjusted EBITDA increased 8.4% to $529.7 million.
Price Impact
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