Lamar Advertising Issues Strong Profit Outlook For 2026

benzinga_article
2026.02.20 14:07
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Lamar Advertising Co. reported Q4 results with a 2.8% net revenue growth to $595.93 million, exceeding analyst expectations. Operating income rose significantly to $196.1 million, while EPS was $1.50, slightly below the consensus. The company anticipates strong momentum for 2026, projecting EPS of $5.72-$5.83 and diluted AFFO per share of $8.50-$8.70. Despite a 0.67% drop in stock price to $132.83, CEO Sean Reilly expressed optimism about sales growth continuing into 2026.