Last week we discussed the pros and cons of billboard lease financing. Today we discuss the pros and cons of bank and private loan financing. Banks usually have the cheapest loans because they have a low cost deposit base. And banks are often big enough to grow with you as […]
Several companies offer lease financing for billboards. They offer fast approval. They often do 100% financing. Financing charges are falling and reasonable. And collateral is limited to specific assets. Insider computed a financing charge of approximately 8% on the most recent billboard lease he examined. There are two disadvantages […]
JCDecaux’s revenues are slowly recovering from Covid but don’t expect to see a full recovery until the last half of 2021. Here are the results from the JCDecaux 2020 earnings release and JCDecaux 2020 earnings presentation. Billboard Insider translated euros to dollars using a 1 euro to 1.2 dollar exchange […]
Revenue declined but Daktronics was close to breakeven for the 3 months ended January 31, 2021. Here are the highlights from the Daktronics 3Q FY 21 earnings release and earnings call. Revenues declined by 26% to $94 million for the third quarter of fiscal 2021 (three months ended January 30 […]
Lamar’s rural billboard plant is recovering fastest from Covid and the company is resuming capital expenditures and acquisitions. Here are the results of Lamar’s fourth quarter 2020 earnings release and conference call. Revenues declined by 7% to $429 million. CEO Sean Reilly said fourth quarter revenues came in better than […]
An uptick in Covid cases has taken some of the wind out of Clear Channel Outdoor’s recovery. Here are the results from the company’s 4th quarter 2020 earnings release and conference call. Total revenue was down 27% to $541 million as an uptick in covid cases delayed the company’s recovery. […]
Outfront is recovering slowly from Covid. Here are the results from the company’s fourth quarter 2020 earnings release and earnings presentation and conference call. Revenues declined by 31% to $336 million in the fourth quarter of 2020. Billboard revenues were down 13%. Transit and other revenues (sports marketing and transit) […]
From a Lamar Press release: BATON ROUGE, La., Feb. 25, 2021 (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 $0.75 per share payable on March […]
Morgan Stanley Media analyst Ben Swinburne was bullish on out of home on a recent Morgan Stanley Thoughts on the Market podcast. Swinburne’s said this: We have a bullish view of the advertising recovery. Every datapoint on advertising that we’ve been hearing lately has been positive and we remain of […]
Dusty’s Outdoor Media has sold over 200 faces in Tennessee, Kentucky, and Indiana to Trailhead Media. Williamson & Associates was instrumental through the negotiations and acted as the exclusive broker on the deal. Dusty’s portfolio now consists of over 320 billboard faces throughout Illinois and Missouri. An additional achievement is having […]
