Here are five things about Lamar which Billboard Insider learned from reading all 119 pages of the Lamar Advertising 2021 10K. Record this, record that. 2021 was Lamar’s best year ever for revenues, cashflow, cashflow margin and stock price. The company used covid as a chance to prune expenses and […]
Clear Channel Outdoor CEO Scott Wells delivered upbeat remarks at yesterday’s Morgan Stanley Technology, Media and Telecom Conference. Here are some of his remarks. The advertising spend upside Only about half of the campaigns that get initiated use out of home…speaks to the opportunity that’s ahead for us. Sales force […]
Crisis for some is opportunity for others. Remember early 2020 when it was fashionable to show pictures of streets with no cars and airplanes crashing behind out of home signs? On April 16, 2020 Providence Equity and Ares capital invested $400 million in convertible preferred shares in OUTFRONT Media. The […]
Pioneer Outdoor announced yesterday that they divested their assets, including 140 out-of-home advertising displays, to Lamar Advertising. The transaction, which included 38 digital bulletin panels and more than 100 static panels stretching from Springfield north to Kansas City and east to St. Louis. Terms of the deal were not disclosed. The […]
SignValue has prepared infographics summarizing the performance of Lamar, OUTFRONT and Clear Channel Outdoor during the fourth quarter of 2021. [wpforms id=”9787″] Paid Advertisement
“Tailwinds are as strong as I’ve ever seen” was how Sean Reilly opened Lamar Advertising’s 4Q 21 earnings release and conference call. Here are the highlights. Revenues increased by 15% to $495 million. Reilly projects first quarter 2o22 revenue growth to be in the mid-teens and full year 2022 revenue […]
The Scott Wells era at Clear Channel Outdoor got off to a good start. Here are the highlights of the earnings release, earnings presentation and conference call. Revenue grew 37% to $743 million. US revenues were up 44%. European revenues were up 30%. Other revenues up 44%. Here’s a breakout […]
BATON ROUGE, La., Feb. 24, 2022 (GLOBE NEWSWIRE) — Lamar Advertising Company (Nasdaq: LAMR), a leading owner and operator of outdoor advertising and logo sign displays, announces that its board of directors has declared a quarterly cash dividend of $1.10 per share payable on March 31, 2022 to stockholders of […]
Outfront revenues increased 38% in the fourth quarter of 2021 and are expected to rise by 40% in the first quarter of 2022. Here are the results from the company’s 4th quarter earnings release, 4th quarter 2021 earnings presentation and conference call. Revenue increased by 38% to $464 million during […]
OMAHA, Nebraska–(BUSINESS WIRE)–Boston Omaha Corporation (“Boston Omaha” or the “Company”) (NYSE: BOMN) announced today that it will be changing its ticker symbol from “BOMN” to “BOC”. Effective on Tuesday, February 22, 2022, the Company’s common shares will trade on the New York Stock Exchange (NYSE) under the new symbol “BOC”. […]
