LAMRNasdaqReal Estate Investment Trusts

Lamar Advertising Co (LAMR) earnings date, market-implied expected move, and options open interest by expiry

159.35

+0.77 · +0.48%

Regular session10:43 ET

Open157.18Volume861,394Mkt cap$16.1BP/E29.03EPS5.49Div yield4.04%

Day149.01 – 159.7896%52-wk112.02 – 164.4690%

LAMR

Lamar Advertising Co

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

No implied move.

Expected move

Inputs

News

3hLamar posts Q3 net revenues $624.5 million, net income $165.0 million, adjusted EBITDA $306.9 million
28dLamar Advertising Company to Release Third Quarter Ended September 30, 2026 Operating Results
59dLamar Advertising (LAMR) Grows Revenue And Raises Full Year Guidance

News

Next report

Last report

Nov 5

before open

confirmedNov 4 close

Implied vs realized

Largest filed tie

—

13F top-10 QoQ

−3.46%

shares held · 10 largest managers

13F · Jun 30 '26128d lag

780 managers

Top fund weight

0.72%

LAMR weight · VNQ

N-PORTJul 31 '26

4 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Lamar Advertising (LAMR) is expected to report on Feb 19 before open (estimated date).

Implied vs realized

1 report

—≥ implied

Q2 FY26Aug 6 '26confirmed±4.8%▲+1.15%×0.24

quarterimplied−5%0+5%realized×

Q2 FY26±4.8%▲+1.15%×0.24

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 4 expiries · Nov 4 close

0.93OI · 4 expiries · Nov 4 closeP/C open interest · Apr 16 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

752+6%Nov 2015d1.445210%1.44

241+9%Dec 1843d1.54157+554%1.54

170+4%Jan 1571d0.315450%0.31

report · Feb 19 · before open · est.

770%Apr 16162d830%

ExpiryPutsCallsP/C

Nov 2015d752+6%5210%1.44

Dec 1843d241+9%157+554%1.54

Jan 1571d170+4%5450%0.31

report · Feb 19 · before open · est.

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

No implied move.

Linked exposure

Revenue flow

as filedQ2 FY26

26.06%as filednet margin · revenue +16.81% QoQ · +6.46% YoY

Revenue

$617M+16.81% QoQ

Gross profit

$423M+22.58% QoQ

68.51% margin

Operating income

$208M+42.38% QoQ

33.72% margin

Pre-tax income

$167M+58.07% QoQ

Net income

$161M+58.71% QoQ

26.06% margin

Cost of revenue

$194M+5.95% QoQ

Operating expenses

$207M+4.04% QoQ

SG&A $96M

Depreciation $77M

Other operating $37M

Other expense

$41M

Tax

$3M−32.27% QoQ

Revenue$617M+16.81%

Gross profit

$423M+22.58%

68.51% margin

Operating income

$208M+42.38%

33.72% margin

Pre-tax income

$167M+58.07%

Net income

$161M+58.71%

26.06% margin

Cost of revenue

$194M+5.95%

Operating expenses

$207M+4.04%

SG&A $96M

Depreciation $77M

Other operating $37M

Other expense

$41M

Tax$3M−32.27%

flow · deduction · signed % = QoQSource: SEC filings · standardized · QE Jun 30 '26 · width = $

Revenue flow

Intraday

15m bars

Hatch = extended hours · ▯ up · ▮ downSource: market data · 10:30 ET

Intraday

Event sensitivity

NFP ×1.28· ±1.4% vs ±1.1% · 10 releases

eventrelease day|move|up · n×base

NFPjobs report±1.4%7 of 10×1.28

FOMCrate decision±1.2%14 of 24×1.18

PPIproducer prices±1.2%7 of 10×1.09

GDPgross domestic product±1.0%9 of 19×0.95

CPROFcorporate profits±1.0%6 of 12×0.93

PCEpersonal income & outlays±0.8%11 of 19×0.72

CPIconsumer prices±0.7%6 of 10×0.63

Bar = avg |move| to ±2% · tick = ±1.1% avg day · ×base = |move| ÷ ±1.1% · min 6 releases

Earnings history

EPS 1.58 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Aug 6 '26 · confirmed	1.58	—
Q1 FY26	—	1.00	—
Q3 FY25	—	1.40	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod