Finance

SignValue’s Clear Channel Outdoor at a Glance – September 2023

SignValue has prepared the following analysis of Clear Channel Outdoor’s 3rd Quarter 2023 financials.     If you have questions contact Paul Wright, CEO, SignValue, paul@signvalue.com, 480-657-8400.   To receive a free morning newsletter with each day’s Billboard insider articles email info@billboardinsider.com with the word “Subscribe” in the title.  Our newsletter is free […]

SignValue’s OUTFRONT Media at a Glance – September 2023

SignValue has prepared the following analysis of OUTFRONT Media’s 3rd Quarter 2023 financials.     If you have questions contact Paul Wright, CEO, SignValue, paul@signvalue.com, 480-657-8400.   To receive a free morning newsletter with each day’s Billboard insider articles email info@billboardinsider.com with the word “Subscribe” in the title.  Our newsletter […]

SignValue’s Lamar Advertising at a Glance – September 2023

SignValue has prepared the following analysis of Lamar Advertising’s 3rd quarter 2023 financials.     If you have questions contact Paul Wright, CEO, SignValue, paul@signvalue.com, 480-657-8400.   To receive a free morning newsletter with each day’s Billboard insider articles email info@billboardinsider.com with the word “Subscribe” in the title.  Our newsletter […]

Link Media Outdoor Revenue Up 9.5% in 2Q 2022

Link Media outdoor is still growing.  Here are the results from the Boston Omaha 10Q for the 9 months ended September 30, 2023. Revenues increased 9.5% to $10.9 million for the 3 months ended September 30, 2023 due to an improvement in rental and occupancy rates and the acquisition of […]

Clear Channel Outdoor Consolidated Revenue Up 2.7% in 3Q 23

Clear Channel Outdoor third quarter 2023 results can be summarized as US billboards down, everything else up.  Here are the results of the Clear Channel Outdoor 3Q 23 earnings release, Clear Channel Outdoor 3Q 23 investor presentation and conference call. Consolidated third quarter revenue grew 2.7% to $517 million.  US […]

Bank Lending Continues to Tighten

Bank lending standards continue to tighten according the the October 2023 Federal Reserve Bank Survey of Bank Loan Officers.  Some of the highlights. Commercial and industrial loan standards have tightened for 5 consecutive quarters as has commercial and industrial loan pricing. 35% of credit officers said that they have tightened […]

OUTFRONT Announces Pricing on $450 Million of Senior Notes

NEW YORK, Nov. 7, 2023 /PRNewswire/ — OUTFRONT Media Inc. (NYSE: OUT) today announced that two of its wholly-owned subsidiaries priced a private offering of $450.0 million in aggregate principal amount of 7.375% Senior Secured Notes due 2031 (the “notes”). The notes will be sold at an issue price of 100.0% of […]

OUTFRONT Revenue Up 0.2% in 3Q 2023

Local is up but national and transit are down so OUTFRONT is treading water.  That’s a summary of the OUTFRONT 3Q 23 earnings release, OUTFRONT 3Q 23 earnings presentation and conference call. Revenue increased by 0.2% to $455 million.   Transit revenue was down 8.6%.  Billboard revenues were up 2.6%.  National […]

Lamar Revenue Up 2.9% in 3Q 2023

“The operating environment remained choppy in Q3 with customers continuing to take a cautious approach to their campaigns particularly on the national side,” was how Sean Reilly opened the Lamar 3Q earnings conference call.  Here are the results of the Lamar 3Q 23 earnings release, Lamar 3Q 23 10Q  and […]

Clear Channel Announces Strategy for Selling Europe-North Business

Clear Channel Outdoor closed the sale of its business in France and retained investment bankers Moelis and Co and Deutsche Bank Securities to assist it in selling Europe North (e.g. UK and Scandinavia).  It will also conduct a strategic review of the Latin American business (Mexico, Brazil, Chile, Peru), investor […]