Tag: lamar

OOH Geopath Conference Agenda Released

The OAAA/Geopath 2021 Conference Agenda has been released.  Billboard Insider doesn’t want to miss the Leadership Outlook panel. Plenty of other great panels. US House Majority Whip James E. Clyburn and Ken Klein on Political Issues Alexis Ohanian and Adquick CEO Matt O’Connor on OOH for Social AmpliAnna Gager interviews […]

Lamar to Honor Teachers on Billboards

Baton Rouge, LA – April 20, 2021 – Lamar Advertising Company (Nasdaq: LAMR), one of the largest outdoor advertising companies in the world, today announced that the company will honor teachers and educators across its national digital billboard network in celebration of Teacher Appreciation Week 2021, taking place May 3-7. […]

Campbell and Sirmon Retiring at Lamar

Robert Campbell, Lamar’s Atlantic Regional Manager, and Tom Sirmon, Lamar’s Gulf Coast Regional Manager, who collectively have been with Lamar for more than 90 years, each announced just before Easter that they would be retiring this summer.   Lamar has 7 regional managers who oversee more than 155 local offices.  Here’s […]

OOH Bad Debts and Covid

Covid has resulted in an increase in bad debts at the public out of home companies.   Here’s a breakout of who took what writeoffs in 2020. Table 1 – Accounts Receivable Writeoffs for Public US Out of Home Companies (million dollars) And this table shows writeoffs as a percentage of […]

Out of Home Companies Outperform Market in 1Q 2021

The three public US out of home companies outperformed the market for the 3 months ended March 31, 2021.  Outfront was up 15%, Lamar up 14%, Clear Channel Outdoor up 10% versus a 6% increase in the Standard and Poors 500. US Public Out of Home Companies Versus S&P 500  […]

5 Things About OUTFRONT Post-Covid

OUTFRONT leaves Covid with fewer employees, fewer billboard leases and more digital screens.  OUTFRONT’s capital spending will increase in 2021 although the increase won’t match Lamar’s increase because OUTFRONT’s markets are taking longer to rebound from covid.  Here are 5 things Insider learned from reading OUTFRONT’s 2020 10k. 1.  More […]

Claude Dicks and Sean Reilly on Easements

Some advice from Allison Outdoor’s Claude Dicks and Lamar Advertising’s Sean Reilly on Easements taken from In Their Words – Out of Home Executives Talk About Out of Home. Claude Dicks, Allison Outdoor My grandfather always said you can’t control sales, but you can control expenses…Our goal is to not […]

Lamar Revenues Down 7% in 4Q 2020

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 […]

Lamar Sues Fayette County and City of Lexington Over Digital Billboards

The Lexington Herald Ledger is reporting that Lamar Advertising filed a federal lawsuit against the Lexington-Fayette Urban County Government in the US District Court for the Eastern District of Kentucky on February 10th, over regulations that ban freestanding electronic billboards in the county. Lamar applied in September 2020 for permits […]