Lamar Advertising Q3 AFFO, Revenue Rise; Raises 2026 AFFO Guidance

06:25 AM EST, 11/05/2026 (MT Newswires) -- Lamar Advertising (LAMR) reported Q3 adjusted funds from operations Thursday of $2.41 per diluted share, up from $2.20 a year earlier. Two analysts surveyed by FactSet expected $2.40. Net revenue for the quarter ended Sept. 30 was $624.5 million, up from $585.5 million a year earlier. Three analysts expected $621.7 million. The company said it raised its 2026 AFFO guidance to a range of $8.87 and $8.97, up from $8.75 to $8.90. Three analysts are expecting $8.92.