Lamar Advertising Company (LAMR) CEO Sean Reilly on Q2 2022 Results - Earnings Call Transcript

Aug. 03, 2022 12:54 PM ETLamar Advertising Company (LAMR)
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Lamar Advertising Company (NASDAQ:LAMR) Q2 2022 Earnings Conference Call August 3, 2022 9:00 AM ET

Company Participants

Sean Reilly - Chief Executive Officer

Jay Johnson - Chief Financial Officer

Conference Call Participants

Benjamin Swinburne - Morgan Stanley

Jason Bazinet - Citi

Richard Choe - JPMorgan

Operator

Excuse me, everyone. We now have Sean Reilly and Jay Johnson in conference. Please be aware that each of your lines are now in listen-only mode. At the conclusion of the company's presentation, we will open the floor for questions. At the course -- in the course of this discussion, Lamar may make forward-looking statements regarding the company, including statements about its future financial performance, strategic goals, plans and objectives, including with respect to the amount and timing of the distribution of stockholders and the impacts and effects of general economic conditions including inflationary pressures on the company's business, financial condition and results of operations.

All forward-looking statements involve risks, uncertainties and contingencies, which many of which are beyond Lamar's control and which may cause actual results to differ materially from the anticipated results. Lamar has identified important factors that could cause actual results to differ materially from those discussed in this call in the company's second quarter 2022 earnings release and its most recent annual report on Form 10-K. Lamar refers you to these documents. Lamar's second quarter 2022 earnings release, which contains information required by Regulation G regarding certain non-GAAP financial measures was furnished to the SEC on a Form 8-K this morning and is available on the Investors section at Lamar website, www.lamar.com. I would now like to turn the conference over to Sean Reilly. Mr. Reilly, you may now begin.

Sean Reilly

Thank you, Carla. Good morning, everyone, and welcome to Lamar's Q2 2022 earnings call. Let me start by saying our business remains on

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