Tag: jay johnson

Lamar Revenues up 3.8% in 4Q 2023

Lamar CEO Sean Reilly introduced Lamar’s 4Q 23 earnings release with a familiar script: “Revenue growth accelerated as we moved through the fourth quarter, primarily because of strength in local sales. In addition, our team continued to do an outstanding job controlling expenses…”  Here are the results from Lamar’s 4Q […]

Lamar Revenue Up 2.9% in 3Q 2023

“The operating environment remained choppy in Q3 with customers continuing to take a cautious approach to their campaigns particularly on the national side,” was how Sean Reilly opened the Lamar 3Q earnings conference call.  Here are the results of the Lamar 3Q 23 earnings release, Lamar 3Q 23 10Q  and […]

Lamar Revenue Up 4% in 1Q 23

Lamar Advertising CEO Sean Reilly used words like “challenging” and “jitters” to describe what advertisers are thinking during yesterday’s Lamar conference call.  Here are the results of the Lamar Advertising 1Q 23 earnings release and conference call. Revenue increased by 4.4% to $451 million due primarily to acquisitions.  Organic revenue […]

Lamar Revenue Up 8.3% in 4Q 2022

“2022 was the most successful year in the company’s history” was how an upbeat Lamar Advertising CEO Sean Reilly lead off the company’s earnings call.  Here are the results of the Lamar Advertising 4Q 22 earnings release and earnings call. Net revenue increased 8.3% to $535 during the fourth quarter […]

Lamar Advertising Revenue Up 11% in 3Q 2022

“Our third quarter unfolded as expected” was how Lamar’s Sean Reilly introduced the company’s earnings release. Here are the results from the Lamar Advertising 3Q 2022 financials and earnings call. Revenue increased by 11% to $527 million for the third quarter.  Acquisition adjusted revenue increased by 6%.  Local revenue increased […]

Jay Johnson on Out of Home and REITs

Ian Dallimore interviewed Lamar CFO Jay Johnson on Lamar’s Digital and Dirt podcast.  Some of the highlights. From Banking to REITs My background is that of banking.  Focused much more on the capital markets side.  That’s where I grew up.  I was a corporate and investment banker for a number […]

Lamar Revenue Up 16% in 2Q 2022

“We were extremely pleased with our second quarter results, which were even stronger than we had anticipated” was how Lamar CEO Sean Reilly lead off the second quarter earnings call.  Here are the highlights from Lamar’s 2nd quarter 2022 earnings release and earnings call. Net revenue increased by 16% to […]

Lamar Revenue Up 22% in Q1 2022

“The year is off to an excellent start,” was how Lamar CEO Sean Reilly introduced the company’s 1Q 2022 earnings.  Here are the results of Lamar’s first quarter 2022 earnings release and conference call. Revenues increased 22% to $451 million. Billboard revenues are up 17%.  Digital revenues are up 20%.  […]

Lamar Revenue Up 28% During 2nd Quarter 21

Lamar’s revenue grew 28% during the second quarter of 2021.  Here are the results from the Lamar’s 2Q 21 earnings release together with a selection of Sean Reilly’s comments during the conference call. Revenues grew 28% to $445 million.  Lamar CEO Sean Reilly expects Lamar’s total 2021 billboard revenue to […]

Jay Johnson on OOH’s Resilience, Sustainable Leverage and Cyber Risk

Today’s podcast guest is Jay Johnson, CFO of Lamar Advertising.     Here’s what Jay said about out of home’s resilience, managing through covid, sustainable leverage, cyber risk and the acquisitions market. What was your biggest surprise about out of home coming into the industry? The resilience of the out of […]