Lamar Advertising

Q2 FY2026 EarningsQ2 FY2026 results beat consensus across all major metrics, driven by strong customer demand for outdoor advertising. Revenue reached $616.7M, exceeding the $606.6M expectation (+1.67%), while GAAP EPS of $1.58 met the mean estimate but hit the upper end of the consensus range. Free Cash Flow of $218.7M significantly outperformed the $210.0M floor expectation. Reflecting strong pacings for the remainder of the year, management raised full-year FY26 diluted AFFO per share guidance to $8.75 - $8.90.