The best way to measure your out of home company’s efficiency is by its cash flow margin (e.g. EBIDTA/Revenues). EBIDTA is earnings before interest, depreciation, income taxes and amortization. It represents what you’ve generated in cash from operations before you pay the bank or shareholders. You add back non-cash charges […]
Clear Channel outperformed the stock market for the second quarter of 2023 while Lamar and OUTFRONT lagged the market. Stock performance for Lamar (green), OUTFRONT (purple), Clear Channel Outdoor (blue) and the S&P 500 (black) for the 3 months ended June 30, 2023 Clear Channel Outdoor increased 14.2% during […]
Here’s a listing of the members of the non-executive Board of Directors for OUTFRONT, Clear Channel and Lamar. Five observations: In a pattern which mimics exec pay, OUTFRONT pays board members more than Lamar. Can someone explain why? One could make the case that Lamar board members deserve the […]
Here’s Billboard Insider’s list of who makes what at the public out of home companies. We computed the list based on total compensation in each company’s 2022 14A proxy statement. Three observations: Everyone except Reilly and Wells is down All the execs except Sean Reilly and Scott Wells had pay […]
The Oaklandside reports that the Oakland City Council voted 6-0 to allow Becker Boards LLC and Outfront Foster Interstate LLC to remove 50 existing advertising signs throughout Oakland and replace these with 10 new double-sided digital billboards near freeways. Three council members who endorsed the deal when it was first […]
Billboard Insider was impressed by a 12,700 square foot vinyl wall project which Circle Graphics executed on behalf of OUTFRONT Dallas. We talked with Trend Mullet, VP of Operations at Circle Graphics Ohio factory to learn more about the project. Circle Graphics recently printed a giant Dallas wall vinyl with […]
Some of the highlights from OUTFRONT CEO Jeremy Male’s talk at the 51st Annual JP Morgan Global Technology, Media and Communications Conference last week. What’s up and what’s down Travel was certainly right up there as was legal as well as auto. Health was strong also in Q1. When you […]
SignValue has prepared the following analysis of OUTFRONT’s s 1st Quarter 2023 financials. If you have questions contact Paul Wright, CEO, SignValue, paul@signvalue.com, 480-657-8400. To receive a free morning newsletter with each day’s Billboard insider articles email info@billboardinsider.com with the word “Subscribe” in the title. Our newsletter is free and we […]
Moorgate Capital Partners has analyzed out of home leverage and cost of debt trends thru March 2023. The weighted average interest rate on public out of home debt has risen by approximately 1.5% over the last year due to Federal Reserve interest rate increases. Lamar Advertising has the lowest weighted […]
Here are the results of the OUTFRONT Media first quarter 2023 earnings release, earnings presentation and conference call. Revenue increased by 6% to $396 million. Billboard revenue increased by 8%. Transit revenue declined by 1%. Local revenue grew 10%. National revenue grew 1%. The company finished the quarter with a […]
