LAMR's Q4 results show an increase in revenue. However, the performance was somewhat affected by higher expenses.
Lamar Advertising Company (NASDAQ:LAMR) will hold its Q4 2024 results conference call on February 20, 2025, at 9:00 AM ET. The call will feature company leaders Sean Reilly, the CEO and President, and Jay Johnson, the EVP, CFO, and Treasurer. Participants from various financial institutions, including Morgan Stanley and JPMorgan, will also be joining the call.
In the last three months, Lamar Advertising Company reported a net revenue of $579.6 million and a net loss of $1.0 million, with an adjusted EBITDA of $278.5 million. For the entire year, the company achieved a net revenue of $2.21 billion, a net income of $362.9 million, and an adjusted EBITDA of $1.03 billion. This announcement was made on February 20, 2025, regarding the company's performance for the fourth quarter and the year ending December 31, 2024.
LAMR is in a strong position to benefit from its varied group of tenants, strategic acquisitions, and improvements to its portfolio, even with some instability in the national market.
BATON ROUGE, La., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Lamar Advertising Company (“Lamar”) (Nasdaq: LAMR) has shared important federal income tax reporting details for its 2024 distributions related to its Class A and Class B common stock (“Common Stock”).
Lamar Advertising Company (Nasdaq: LAMR) will publish its earnings report for the fourth quarter, which ended on December 31, 2024, before the market opens on Thursday, February 20, 2025. The company will also hold a conference call on the same day at 8:00 a.m. (Central time) to go over the results and respond to questions about its operations.
BATON ROUGE, La., Dec. 06, 2024 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR), a major player in outdoor advertising and logo sign displays, has announced that its board of directors will pay a quarterly cash dividend of $1.40 per share and a special cash dividend of $0.25 per share. These dividends will be paid on December 30, 2024, to shareholders of Lamar's Class A and Class B common stock who are on record as of December 18, 2024.
LAMR's results for the third quarter of 2024 show strong performance in local and programmatic sales, but higher expenses had a negative impact.
Lamar Advertising (LAMR) reported quarterly funds from operations (FFO) of $2.15 per share, which is below the Zacks Consensus Estimate of $2.21 per share. This is an increase from the FFO of $2.04 per share from the same period last year.
In the third quarter, Lamar Advertising Company reported net revenues of $564.1 million and a net income of $147.8 million, with an adjusted EBITDA of $271.2 million. For the nine-month period, the company achieved net revenues of $1.63 billion, a net income of $363.9 million, and an adjusted EBITDA of $754.6 million. This announcement was made on November 8, 2024, in Baton Rouge, Louisiana.