Lamar Advertising Reports Q4 Loss, Revenue Beats Estimates

Lamar Advertising Co. experiences a quarterly net loss but sees an increase in revenue. Despite falling short of profit expectations, the future outlook shows promise with projected earnings slightly above analyst estimates.

Date: 20-02-2025

AI Rating: 5

Net Income: Lamar Advertising reported a net loss of $1.29 million for Q4, which is a significant decline from the prior year's net income of $149.3 million. This represents a negative change that could impact investor sentiment and stock prices negatively.

Earnings Per Share (EPS): The EPS was reported at $0.01 loss compared to $1.46 per share from the same quarter last year. Analysts had expected earnings of $1.44 per share, indicating a substantial miss.

Revenue Growth: On a more positive note, net revenues increased by 4.3% to $579.57 million, although it fell short of the forecasted $583.19 million. The increase in revenue can still be viewed favorably despite not meeting expectations.

Adjusted Funds from Operations (AFFO): The AFFO for the quarter was $226.54 million or $2.21 per share, which exceeded the previous year's $215.02 million or $2.10 per share. This growth in AFFO might provide a more positive outlook for investors.

Future Projections: For fiscal 2025, the company projects earnings per share between $6.01 to $6.07, which is slightly above the Street's estimate of $5.98 per share. This suggests a cautious but optimistic outlook for the future, which may help bolster investor confidence in the company.

Stocks: LAMR