Recent Updates — LAMR

Lamar Advertising Company's subsidiary Lamar Media Corp. entered into an eighth amendment to its Receivables Financing Agreement with PNC Bank. The amendment extends the maturity date of the company's accounts receivable securitization program to October 1, 2029, and provides additional flexibility for the eligibility of certain receivables under the facility. Lamar operates in the outdoor advertising industry.

Lamar Advertising Company reported second-quarter 2026 results on August 6, 2026, with net revenues increasing 6.5% to $616.7 million and net income rising 6.2% to $164.6 million. Adjusted EBITDA grew 9.0% to $303.4 million, while diluted AFFO per share increased 8.1% to $2.40. The company raised its full-year 2026 guidance for diluted AFFO per share to a range of $8.75 to $8.90 and estimated diluted EPS between $5.95 and $5.99, citing strong pacings for the remainder of the year. Lamar Advertising Company is a leading owner and operator of outdoor advertising and logo sign displays in North America.