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 […]
Tag: Clear Channel Outdoor
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 […]
Clear Channel Outdoor Holdings Initiates Review of Strategic Alternatives for European Business; Announces Improved Q4 2021 Guidance
Billboard Insider’s note: The market liked this announcement. Clear Channel stock rose 7.8% yesterday. The S&P 500 dropped 0.9%, Outfront dropped 1% and Lamar dropped 1.2%. SAN ANTONIO, Dec. 13, 2021 /PRNewswire/ — Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) today announced that its Board of Directors has authorized a review […]
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. […]
Lamar, OUTFRONT and Clear Channel Outdoor at a Glance 3Q 2021
Lamar, OUTFRONT and Clear Channel Outdoor at a glance, brought to you by SignValue. [wpforms id=”9787″] Paid Advertisement
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 […]