Lamar's Outlook Bolstered By Recent Data

Lamar Advertising (NASDAQ:LAMR) issued 2025 guidance on 2/20/25. It called for roughly 4% AFFO per share growth over 2024. S&P Global Market IntelligenceThat guidance had since been called into question as macro concerns threatened advertising spend. There were legitimate concerns that key advertisers would pull back on ad spend due to uncertainties of supply chains and consumer spending. Why spend money on advertising when you don’t even know if you will have a proper amount of inventory to sell? In March ...