Quarterly ResultAug 6, 2026, 06:02 AM
Lamar Q2 Net Revenue $616.7M, AFFO $2.40/share; Raises FY26 Guidance
AI Summary
Lamar Advertising reported strong second quarter 2026 results, with net revenues increasing 6.5% to $616.7 million and diluted AFFO per share rising 8.1% to $2.40. The company also saw significant growth in Adjusted EBITDA and AFFO. Based on these results and strong pacing, Lamar is raising its full-year 2026 diluted AFFO per share guidance to a range of $8.75 to $8.90.
Key Highlights
- Q2 2026 Net Revenue increased 6.5% to $616.7 million.
- Q2 2026 Net Income rose 6.2% to $164.6 million.
- Q2 2026 Adjusted EBITDA grew 9.0% to $303.4 million.
- Q2 2026 Diluted AFFO per share increased 8.1% to $2.40.
- Full-year 2026 diluted AFFO per share guidance raised to $8.75-$8.90.
- Six-month Net Revenue increased 5.5% to $1.14 billion.
- Six-month Adjusted EBITDA grew 8.4% to $529.7 million.
- Six-month Diluted AFFO per share increased 8.1% to $4.12.
Price Impact
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