NASDAQ$LAMR
Lamar Advertising Company · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Lamar's revenue and operating income increased, driven by strong performance in the third quarter.
Lamar Advertising Company reported increased net revenues and operating income for the third quarter ended September 30, 2022. Net revenue increased by 10.6% to $527.4 million, and operating income increased by 35.7% to $181.0 million. Net income was $146.2 million, compared to $106.8 million for the same period in 2021.
- Net revenue increased by 10.6% compared to the third quarter of 2021.
- Operating income increased by 35.7% compared to the third quarter of 2021.
- Net income increased to $146.2 million, up from $106.8 million in the same period last year.
- Diluted AFFO per share increased 6.8% to $2.03.
Headline financials
Revenue & EPS history
Lamar · Revenue · Quarterly
$527M
Forward guidance
The company expects expense growth to normalize in the fourth quarter and into 2023 and is tracking to the top of previously provided guidance for full-year diluted AFFO per share.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2022
+0.7%
Avg return
Earnings day
+0.2%
Avg return
5 days after
+0.3%
Avg return
30 days after
51%
35 / 68 earnings
Positive
+27.4%
Q1 2020
Best reaction
-14.8%
Q1 2012
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +7.0% | +4.5% | +7.2% | |
| Q4 2025 | +0.8% | +1.6% | -6.2% | |
| Q3 2025 | +1.2% | +7.6% | +12.1% | |
| Q1 2025 | -2.9% | +0.4% | +2.2% | |
| Q4 2024 | -7.3% | -5.0% | -15.8% | |
| Q3 2024 | -3.7% | -5.0% | -2.8% | |
| Q2 2024 | +1.2% | +3.3% | +7.5% | |
| Q1 2024 | -2.1% | +0.0% | +0.5% | |
| Q4 2023 | -2.9% | -3.8% | +3.3% | |
| Q3 2023 | +15.9% | +15.0% | +27.1% | |
| Q2 2023 | -7.3% | -7.2% | -5.1% | |
| Q1 2023 | -5.6% | -7.3% | -8.4% | |
| Q4 2022 | -1.0% | -0.3% | -9.7% | |
| Q3 2022 | -1.9% | -1.8% | +10.7% | |
| Q2 2022 | +1.0% | +3.5% | -6.6% | |
| Q1 2022 | -4.7% | -10.8% | -12.3% | |
| Q4 2021 | -3.3% | -2.9% | +2.8% | |
| Q3 2021 | +1.6% | +2.3% | -5.7% | |
| Q2 2021 | +4.2% | +1.6% | +9.1% | |
| Q1 2021 | -0.7% | +4.5% | +3.2% | |
| Q4 2020 | -0.4% | +5.0% | +9.1% | |
| Q3 2020 | +4.0% | +8.2% | +14.0% | |
| Q2 2020 | -0.5% | +5.4% | +2.7% | |
| Q1 2020 | +27.4% | +16.9% | +41.1% | |
| Q4 2019 | -1.2% | -6.8% | -58.0% | |
| Q3 2019 | +3.2% | +1.7% | +6.0% | |
| Q2 2019 | -1.3% | -2.2% | -5.0% | |
| Q1 2019 | -0.3% | -1.1% | -4.4% | |
| Q4 2018 | -1.4% | -0.1% | -1.9% | |
| Q3 2018 | -5.4% | -5.5% | -8.7% | |
| Q2 2018 | -0.3% | +0.9% | +6.5% | |
| Q1 2018 | +2.2% | +2.8% | +8.7% | |
| Q4 2017 | -8.5% | -8.9% | -12.4% | |
| Q3 2017 | +10.3% | +7.2% | +8.7% | |
| Q2 2017 | -5.0% | -5.0% | -5.0% | |
| Q1 2017 | +1.3% | -1.0% | +1.8% | |
| Q4 2016 | -5.8% | -4.5% | -4.4% | |
| Q3 2016 | -3.0% | -2.0% | +4.6% | |
| Q2 2016 | -5.5% | -5.0% | -5.7% | |
| Q1 2016 | +1.5% | — | — | |
| Q4 2015 | -4.9% | — | — | |
| Q3 2015 | +0.9% | — | — | |
| Q2 2015 | -9.1% | — | — | |
| Q1 2015 | +3.3% | — | — | |
| Q4 2014 | +1.1% | — | — | |
| Q3 2014 | +2.1% | — | — | |
| Q2 2014 | +0.8% | — | — | |
| Q1 2014 | -0.8% | — | — | |
| Q4 2013 | +7.1% | — | — | |
| Q3 2013 | +0.4% | — | — | |
| Q2 2013 | -0.0% | — | — | |
| Q1 2013 | -1.2% | — | — | |
| Q4 2012 | +6.0% | — | — | |
| Q3 2012 | +1.6% | — | — | |
| Q2 2012 | +6.8% | — | — | |
| Q1 2012 | -14.8% | — | — | |
| Q2 2011 | +3.3% | — | — | |
| Q4 2011 | +3.3% | — | — | |
| Q3 2011 | +22.0% | — | — | |
| Q1 2011 | +4.2% | — | — | |
| Q1 2010 | +4.2% | — | — | |
| Q4 2008 | +2.3% | — | — | |
| Q2 2010 | +2.3% | — | — | |
| Q4 2010 | +2.3% | — | — | |
| Q3 2010 | -0.9% | — | — | |
| Q3 2009 | -0.9% | — | — | |
| Q2 2009 | +3.7% | — | — | |
| Q4 2009 | +3.7% | — | — |
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