The public US Out of Home companies outperformed the market in the first quarter of 2022.  OUTFRONT was up 7% on news that it’s markets are returning to normal.  Clear Channel Outdoor was up 5%.  Lamar was down 2%.  The S&P 500 declined by 5%.

The public US out of home stocks have underperformed the market if you go back five years.  The S&P 500 is up 91%, Lamar is up 58%.    OUTFRONT up 7%.  Clear Channel Outdoor down 43%.

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