Every out of home executive or investor should watch the Clear Channel Outdoor Investor Day presentation. It delivers rare insights into one of the country‘s largest out of home companies. Today I’ll discuss what Clear Channel Outdoor Americas Chief Revenue Officer Bob McCuin said during his 20 minute talk which […]
During last week’s Clear Channel Outdoor Investor Day, Erika Goldberg, Clear Channel Outdoor Chief of Business Operations talked about the steps she’s taken to improve and automate the company’s operations. The old way of doing business. When I joined Clear Channel my immediate focus was on all of our workflows, […]
A team of Clear Channel Outdoor execs provided a detailed review of Clear Channel Outdoor’s operations and strategy at last week’s Clear Channel Outdoor Investor Day. Here are the financial highlights from the investor day press release, investor day powerpoint and 2.5 hour investor day livestream. We’ll review the operating, […]
Lamar Advertising declared a quarterly dividend of $1.20 per Class A and Class B share payable on September 30, 2022. Works out of a 5.2% yield on the company’s current stock price of $92.98. Here’s Lamar’s quarterly dividend for the past year. The yield is the annualized dividend divided by […]
A reader asks what % of uncollected receivables is normal for an out of home company. Bad debts (e.g. an uncollectible account receivable) should be minimal at your out of home company because you can require payment within 30 days or you’ll take an ad down. You can also require […]
SignValue has prepared this summary of Clear Channel Outdoor’s second quarter 2022 financials. Reach out to one of their consultants for a confidential consultation at (480) 657-8400 or info@signvalue.com. [wpforms id=”9787″] Paid Advertisement
Revenues grew nicely in the second quarter but Clear Channel Outdoor is backing away from the sale of all European assets. Here are the results of the 2Q 2022 Clear Channel Outdoor earnings release, earnings presentation and conference call. Clear Channel Outdoor Revenue increased by 28% to $678 million in […]
Are out of home stocks more volatile than the market? The best way to answer that is to compute a stock’s beta which measures the stock’s volatility in relation to the overall market. For you math geeks beta is the covariance of the return of an asset with the benchmark […]
Clear Channel is close to selling Europe. Billboard Insider wonders if Clear Channel executives might announce something on the August 9 second quarter earnings call. Two thoughts about the pending sale. A sale is a win. Clear Channel’s Europe business had a 9% cashflow margin for the 12 months ended […]
Yesterday we reported that Clear Channel Outdoor is close to selling Europe. The market was pleased by the news. Clear Channel stock broke higher first thing in the morning and closed the day up 16% to $1.23 while Lamar was up 1%, OUTFRONT was up 0.5% and the S&P 500 […]
