A reader asks what % of uncollected receivables is normal for an out of home company. Bad debts (e.g. an uncollectible account receivable) should be minimal at your out of home company because you can require payment within 30 days or you’ll take an ad down. You can also require […]
SignValue has prepared this summary of Clear Channel Outdoor’s second quarter 2022 financials. Reach out to one of their consultants for a confidential consultation at (480) 657-8400 or info@signvalue.com. [wpforms id=”9787″] Paid Advertisement
Revenues grew nicely in the second quarter but Clear Channel Outdoor is backing away from the sale of all European assets. Here are the results of the 2Q 2022 Clear Channel Outdoor earnings release, earnings presentation and conference call. Clear Channel Outdoor Revenue increased by 28% to $678 million in […]
Are out of home stocks more volatile than the market? The best way to answer that is to compute a stock’s beta which measures the stock’s volatility in relation to the overall market. For you math geeks beta is the covariance of the return of an asset with the benchmark […]
Clear Channel is close to selling Europe. Billboard Insider wonders if Clear Channel executives might announce something on the August 9 second quarter earnings call. Two thoughts about the pending sale. A sale is a win. Clear Channel’s Europe business had a 9% cashflow margin for the 12 months ended […]
Yesterday we reported that Clear Channel Outdoor is close to selling Europe. The market was pleased by the news. Clear Channel stock broke higher first thing in the morning and closed the day up 16% to $1.23 while Lamar was up 1%, OUTFRONT was up 0.5% and the S&P 500 […]
The Daily Mail reported Saturday that Clear Channel Outdoor is close to selling the European business to a European private equity firm. The investment banks Deutsche Bank and Moelis have been running an auction of Clear Channel Outdoor’s European business since February. Clear Channel Management has said on numerous occasions […]
Clear Channel Europe is proud to announce that it now has over 11,000 digital Out Of Home (DOOH) screens available across 9 markets on LaunchPAD, Clear Channel’s programmatic platform rolled out in 2021. This milestone achievement makes Clear Channel one of the leading programmatic media owners in Europe based on […]
Billboard Insider has computed US out of home market share figures for 2021. Public out of home companies account for approximately two-thirds of US out of home market share. Lamar controls 25% of US out of home revenues, followed by OUTFRONT at 21% and Clear Channel Outdoor at 17%. The […]
Restructuring charges are one-time expenses that a company recognizes when reorganizing operations. A company separates these expenses out on their financial statement and does not include them when computing cashflow (EBIDTA). Restructuring charges are in theory one-time events but you can see that in the last stages of the William […]
