Here are the highlights from Lamar’s 3rd quarter 2017 earnings release and the Seeking Alpha earnings call transcript. Revenues increased 3.1% to $399 million due to the impact of acquisitions. Organic revenues grew 1%. National revenues were up 4.5%. Local revenues were flat. CEO Sean Reilly pointed out on the call […]
Clear Channel Outdoor has a much bigger international out of home presence than either Outfront or Lamar. Insider prepared this chart after reviewing the 2016 10-k’s of each company. There are pros and cons to the international out of home business. Pros: Ability to diversify by participating in […]
Insider pointed out last week that Lamar has a higher market cap than Outfront and Clear Channel Outdoor because it is less reliant on short term transit and airport advertising contracts and less reliant on international revenues. Here’s a chart showing the dependence of Outfront Media, Clear Channel Outdoor and […]
Here are two surprising pie charts on the three big public US out of home companies. The first pie chart shows revenues for Clear Channel Outdoor, Lamar and Outfront Media for the financial quarter ended June 30, 2017. Insider thought there was a typo when he first compiled the chart. […]
Seeking Alpha has an article titled “Landmark Infrastructure Is No One Hit Wonder” by Brad Thomas on Landmark Infrastructure. Two charts caught Insider’s eye. Here’s a chart showing Landmark offices (blue) and origination team members (green). You can expect to see lots of Landmark lease and easement activity in markets […]
A lengthy dispute between Lamar Advertising and the City of Tacoma, Washington involving as many as 300 billboard faces may be nearing an end. The News Tribune is reporting that a compromise proposed by Lamar, the company that currently owns most of the billboards in the city, would allow hundreds […]
Outfront and Clear Channel have outperformed the stock market during the past quarter while Lamar has lagged. Outfront was up 9% versus 5% for the S&P 500 due to a bump associated with winning the MTA renewal. Clear Channel Outdoor was up 7% over the past three months although the […]
Paul Wright of SignValue.com is one of the smartest people Insider knows when it comes to valuing billboards. Wright is a General Certified Appraiser who has been valuing billboards for 20 years. Wright is also author of Billboard Appraisal: The Valuation of Off-Premise Advertising Signs. Wright recently gave an OAAA sponsored […]
Insider wants to thank Brad Thomas of Seeking Alpha for allowing us to reprint his articles on the outdoor industry. Brad is a research analyst and he currently writes weekly for Forbes and Seeking Alpha where he maintains research on many publicly-listed REITs. In addition, he is the Editor of […]
By Alli Collier, OAAA Marketing Programs Manager Last week’s Advertising Week was nothing short of “remarkable,” in true New York City style. With hundreds of panels and networking events to choose from, it was hard for any advertising professional not to participate in the outstanding content offered this year. Throughout […]
