Tag: Clear Channel Outdoor

Scott Wells Commences Role as Chief Executive Officer of Clear Channel Outdoor Holdings

SAN ANTONIO, Jan. 3, 2022 /PRNewswire/ — Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the “Company”) today announced that Scott Wells has commenced his new role as Chief Executive Officer and member of the Board of Directors, and William Eccleshare has transitioned to the role of Executive Vice Chairman of the Board. These appointments were announced concurrent with […]

Out of Home Companies Outperform the Market during 2021

The three public US out of home companies outperformed the stock market during 2021.   Clear Channel (up 98%) led the way followed by Lamar Advertising (up 45%) and OUTFRONT (up 37%).  The S&P 500 increased 27%. Stock performance of Lamar (green), Clear Channel Outdoor (blue) and OUTFRONT (purple) versus the […]

Paul Wright Says Post Pandemic Values Will Exceed Pre-Pandemic Values

On today’s podcast billboard valuation expert Paul Wright from SignValue gives his opinion of the big three and says that post pandemic values will be higher than pre-pandemic values. Here are the highlights. On Lamar Advertising Well, Lamar, like the other public companies had a great third quarter compared to […]

Why a European Sale Makes Sense for Clear Channel Outdoor

Clear Channel Outdoor stock rose 8% yesterday after the company announced it will consider selling their European business.  Clear Channel Outdoor also increased fourth quarter 2021 revenue guidance.  It raised fourth quarter revenue growth by 2%.   Fourth quarter consolidated revenues are projected to grow 39-42% and return to pre-covid levels.  […]

Clear Channel Outdoor Revenue Up 33% in 3Q 2021

“We delivered very strong results during the third quarter and we entered the fourth quarter with continued business momentum,” was how Clear Channel Outdoor worldwide CEO William Eccleshare summarized  3rd quarter 2021 financials.  Here are the highlights of the 3rd quarter 2021 earnings release, earnings presentation and conference call. Revenue […]

Conservation International and Clear Channel run digital campaign during COP26

                NEW YORK, Nov. 2, 2021 /PRNewswire/ — Over the next two weeks, 20,000 world leaders and delegates will meet in Glasgow to discuss solutions to the world’s climate crisis. And there’s a voice that we need to make sure is heard louder and clearer than ever […]

Uber Takes NYC’s Largest Rooftop Sign

Uber has finally unveiled its latest brand activation and long-term takeover atop the historic Bruckner building and against the coveted NYC skyline. Uber’s new five-year takeover of this sign, operated and designed by Clear Channel Outdoor, marks only the 7th brand to adorn this historic landmark in the sign’s nearly […]

Out of Home Stock Dividend Yields

OUTFRONT announced yesterday that it will pay a $0.10 quarterly dividend on December 3, 2021.  Billboard Insider expects Lamar to announce a December dividend of at least $1.00 per share.  Here’s a dividend history for Lamar and OUTFRONT for the past three years. Are out of home stocks a good […]