Lamar and OUTFRONT outperformed and Clear Channel underperformed the stock market for the 3 months ended June 2018.  Take a look at this chart.  Lamar and Outfront were up 7.4% and 4.3%, respectively for the three months ended June 2018 while the S&P 500 was up only 2.9% for the same period.  Clear Channel Outdoor was down 7.1% for the same period.  Anemic revenues, the S&P downgrade and concern over debt maturities during the next two years are weighing down the stock.

Stock Performance for 3 months ended June 2018.  S&P 500 (black), Lamar (green), CCO (blue), OUTFRONT (purple)

Source:  Yahoo Finance

Lamar is the only one of the big three to outperform the stock market over the long term.  Lamar stock is up 73% over the past five years, versus 42% for the S&P 500.  Outfront is up only 6.8% for the past five years.  Clear Channel Outdoor is down nearly 34% over the same time frame.

Stock Performance for 5 years ended June 2018.  S&P 500 (black), Lamar (green), CCO (blue), OUTFRONT (purple)

Source: Yahoo Finance

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