LAMAR ADVERTISING CO/NEW

Lamar Advertising Company announced the acquisition of AdSource Outdoor Advertising's assets, adding over 230 billboard faces, including 30 digital displays, to its portfolio in Louisiana. This marks the second UPREIT transaction in the billboard industry, allowing AdSource owners to receive common units of Lamar LP on a tax-deferred basis. The acquisition strengthens Lamar's presence in southwest Louisiana and provides AdSource's founders with continued investment in the outdoor advertising business.

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.

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.

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.

Lamar Advertising Company announced it will release its second quarter results for the period ended June 30, 2026, before the market opens on Thursday, August 6, 2026. The company will host a conference call on the same day at 8:00 a.m. Central time to discuss the earnings and company operations. Details for the conference call and live webcast are available on the investor relations website.

Lamar Advertising Company stockholders approved amendments to its 1996 Equity Incentive Plan and 2019 Employee Stock Purchase Plan at the 2026 Annual Meeting. The 1996 plan's available shares increased by 2,000,000 to 19,500,000, and the 2019 plan's shares increased by 500,000. Additionally, stockholders elected ten directors, ratified KPMG LLP as the independent auditor, and approved executive compensation on an advisory basis.

Lamar Advertising Company announced a quarterly cash dividend of $1.60 per share. This dividend is scheduled for payment on June 30, 2026, to stockholders of record as of June 16, 2026. The company anticipates total quarterly distributions to stockholders in 2026 will amount to at least $6.40 per common share, pending board approval.

Lamar Advertising Company announced that its CEO, Sean Reilly, is scheduled to participate in a question-and-answer session at the J.P. Morgan 2026 Global Technology, Media and Communications Conference. The session will take place on Monday, May 18, 2026, at approximately 3:30 pm EST. A live audio webcast of the event will be available on the Company's website and will be archived for 30 days.

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.

Lamar Advertising Company reported strong first-quarter 2026 operating results, with net revenues increasing 4.5% to $528.0 million and Adjusted EBITDA rising 7.7% to $226.3 million. Adjusted Funds From Operations (AFFO) grew 8.0% to $177.5 million, and diluted AFFO per share increased 7.5% to $1.72. Net income decreased 26.9% to $101.8 million, primarily due to a significant gain from the sale of Vistar Media in the prior year. The company noted strong demand and is trending towards the top end of its full-year AFFO guidance.