Lamar Advertising Share Price Plunges 7.41% Amid $270M Surge in Trading Volume Ranks 359th Most Active

On August 8, 2025, Lamar Advertising (LAMR) reported a 7.41% decline in share price, with a trading volume of $0.27 billion, a 119.15% increase from the previous day, ranking 359th in market activity. The stock’s performance followed the release of its Q2 2025 financial results, which showed adjusted funds from operations (AFFO) per share of $2.22, exceeding the prior-year quarter’s $2.08 but failing to meet revised 2025 guidance.

Second-quarter net revenues rose 2.5% year-over-year to $579.3 million, yet fell short of the $581.9 million consensus. Operating income increased by 7.3% to $197.7 million, while adjusted EBITDA grew 2.5% to $278.4 million. However, rising direct advertising expenses ($187.2 million, up 2%) and general administrative costs ($86.7 million, up 2.8%) offset gains. Free cash flow declined 2.2% to $199.1 million, reflecting pressure from cost inflation.

Lamar’s liquidity stood at $363 million as of June 30, 2025, including $307.3 million in revolving credit facility capacity and $55.7 million in cash. Outstanding debt under its credit facility totaled $434 million, with an additional $250 million under the accounts receivable securitization program. The company revised its 2025 AFFO per share guidance to a range of $8.10–$8.20, narrowing from the prior $8.13–$8.28 range, aligning with the Zacks Consensus Estimate of $8.19.

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