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Clear Channel Outdoor Holdings, Inc. Announces Date for 2025 Third Quarter Earnings Release and Conference Call
Prnewswire· 2025-10-06 20:30
Group 1 - Clear Channel Outdoor Holdings, Inc. will release its third quarter results for 2025 on November 6, 2025, before the market opens at 7:00 a.m. Eastern Time [1] - A conference call to discuss the results will take place at 8:30 a.m. Eastern Time, with a live audio webcast available on the company's website [1] - Related earnings materials, including reconciliations of non-GAAP financial measures to GAAP financial measures, will be accessible on the company's website by 7:00 a.m. Eastern Time [2] Group 2 - Clear Channel Outdoor Holdings, Inc. is a leader in the out-of-home advertising industry, focusing on innovation through digital billboards and data analytics [3] - The company aims to broaden its advertiser base by integrating programmatic capabilities that facilitate measurable advertising campaigns [3] - By leveraging its diverse portfolio, the company connects advertisers with millions of consumers each month [3]
Why Fast-paced Mover Clear Channel Outdoor (CCO) Is a Great Choice for Value Investors
ZACKS· 2025-10-03 13:51
Core Viewpoint - Momentum investing focuses on "buying high and selling higher," contrasting with traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Characteristics - Momentum investing can be risky as stocks may lose momentum when their valuations exceed future growth potential [2] - A safer approach involves investing in bargain stocks that exhibit recent price momentum, identified through the Zacks Momentum Style Score [3] Group 2: Clear Channel Outdoor (CCO) Analysis - Clear Channel Outdoor (CCO) has shown a price increase of 17.1% over the past four weeks, indicating growing investor interest [4] - CCO's stock gained 20.8% over the past 12 weeks, with a beta of 2.64, suggesting it moves 164% higher than the market [5] - CCO has a Momentum Score of B, indicating a favorable time to invest based on momentum [6] Group 3: Earnings Estimates and Valuation - CCO has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which attract more investors [7] - The stock is trading at a Price-to-Sales ratio of 0.44, suggesting it is undervalued as investors pay only 44 cents for each dollar of sales [7] Group 4: Additional Investment Opportunities - Besides CCO, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [8] - Zacks offers over 45 Premium Screens tailored to different investing styles to help identify winning stock picks [9]
Clear Channel Outdoor Holdings, Inc. Sells its Business in Brazil to an Affiliate of Eletromidia S.A.
Prnewswire· 2025-10-01 20:30
Core Points - Clear Channel Outdoor Holdings, Inc. has completed the sale of its Brazilian business to Publibanca Brasil S.A. for R$80 million (approximately US$15 million), marking the exit from its Latin American operations [1][2][3] - The proceeds from the sale will be used to enhance liquidity and financial flexibility, in line with the company's debt agreements, after accounting for transaction-related fees and expenses [2][3] - The CEO emphasized that this divestiture is part of a strategy to simplify and reduce risk in the business, allowing the company to focus on its U.S. operations and pay down debt [3] Financial Details - The transaction price for the Brazilian business was R$80 million, equivalent to about US$15 million [2] - The final proceeds are subject to customary post-closing adjustments and payment of transaction-related fees and expenses [2] Strategic Focus - The company aims to create shareholder value by divesting non-core assets and reinvesting in high-return opportunities within the U.S. market [3] - The divestiture aligns with the company's strategy to concentrate on its strengths in the American and Airports businesses [3][4]
Anson Funds calls for Clear Channel Outdoor's sale. Here's why the timing may finally be right
CNBC· 2025-09-27 13:53
Company Overview - Clear Channel Outdoor Holdings is a major player in the outdoor advertising industry, providing services through billboards, street furniture displays, transit displays, and other out-of-home advertising formats, operating solely within the United States [1][4] - The company has transitioned to a U.S. pureplay, enhancing its focus and potential value from a multiple perspective, making it easier for potential acquirers [8] Activist Involvement - Anson Funds, which holds a 3.65% stake in Clear Channel Outdoor, has initiated a campaign calling for the sale of the company, marking a strategic shift for the fund [2][3][7] - The activist strategy is led by Sagar Gupta, who previously worked with Legion Partners during their campaign for Clear Channel Outdoor, indicating a long-term interest in the company [2][7] Financial Performance and Valuation - Clear Channel Outdoor has faced challenges with its two business lines in the Americas and Europe, with the U.S. operations trading at approximately 13-15 times EBITDA, while European operations traded around 8 times EBITDA [5][6] - Despite recent divestitures and a focus on digital transformation, the company's stock has declined by 26.56% since Legion's activist filing and over 90% from its IPO price [6] Strategic Moves and Market Position - The company has executed several divestitures, including selling its European and Latin American businesses, which has allowed it to focus on the U.S. market and reduce debt [6] - Potential acquirers for Clear Channel Outdoor include JCDecaux and Lamar, both of which have shown interest in the outdoor advertising sector [8][9] Digital Transformation - Clear Channel Outdoor's digital billboard segment has grown to only 5% of its portfolio, despite accounting for over a third of its revenue, highlighting the slow pace of digital transformation due to regulatory approvals [11] - The slow rollout of digital ads poses challenges for the company, particularly in meeting quarterly reporting expectations as a public entity [11]
X @Bloomberg
Bloomberg· 2025-09-22 12:09
Anson Funds Management is urging Clear Channel Outdoor Holdings to pursue a sale of the company, according to people familiar with the matter https://t.co/mmmpuAAnTc ...
Clear Channel Outdoor's Inflight Insights™ Lands as an Industry-First Solution Delivering Actionable Campaign Performance Data while OOH Ads are Live
Prnewswire· 2025-09-18 16:00
Core Insights - Clear Channel Outdoor (CCO) has launched CCO Inflight Insights, a measurement solution that allows brands to evaluate the impact of their Out-of-Home (OOH) advertising campaigns on store visits while the campaigns are still active, providing real-time insights into audience behavior [1][2][3] Group 1: Product Features - CCO Inflight Insights provides timely insights that enable marketers to optimize their OOH campaigns and media performance, offering data comparable to digital media measurement [2][5] - The solution has been tested with over 100 campaigns in the past two years, allowing clients to receive insights as frequently as weekly to track foot traffic and other business outcomes [3][4] - The reporting includes aggregated data on audience visitation behaviors, timing of visits, and recommendations for campaign optimization [5][11] Group 2: Market Positioning - CCO is the first OOH media owner to offer in-flight performance reporting, allowing brands to make data-driven adjustments to enhance media performance [6][7] - The introduction of Inflight Insights is seen as a game changer for local advertisers and small businesses, providing them with valuable insights to improve their ad campaigns [4][6] - The solution is part of CCO's broader strategy to compete for advertising budgets traditionally allocated to digital media and performance marketing [4][7] Group 3: Consultative Approach - CCO emphasizes a consultative approach, with sales executives meeting regularly with clients to discuss insights and potential actions, including a post-campaign report summarizing recommendations for future campaigns [11]
Clear Channel Outdoor-Commissioned Nielsen Study: Airport Advertising Continues Driving Frequent Flyers to Even More Action Post Ad Exposure as Air Travel Surges
Prnewswire· 2025-09-15 12:05
Core Insights - The article emphasizes the effectiveness of airport advertising as a powerful medium for engaging frequent flyers, who are significantly more likely to be decision-makers in their companies, particularly in technology and AI [1][7]. Industry Trends - Air travel is experiencing a surge, with TSA screening record numbers of travelers, and this trend is expected to continue into 2026 due to pent-up demand and airport modernization [3][4]. - The study highlights that airport advertising provides a premium environment for brands to connect with a motivated audience, as dwell times in airports remain high [3][4]. Advertising Effectiveness - The study reveals that 82% of frequent flyers read airport advertisements, with 61% recalling them and 57% taking action after exposure, marking an 8% increase from the previous year [6]. - Actions taken by travelers after seeing airport ads include visiting the advertised location (61%), visiting the website (53%), and scanning QR codes (45%), which saw a 6% increase from 2022 [6]. Audience Characteristics - Frequent flyers are over two times more likely to hold C-suite titles and have significant influence over substantial business spending, indicating a high purchasing power [9]. - A notable 65% of frequent flyers work for companies that are leaders in technology or are actively investing in AI, making them key targets for advertisers [9].
Despite Fast-paced Momentum, Clear Channel Outdoor (CCO) Is Still a Bargain Stock
ZACKS· 2025-09-11 13:51
Core Viewpoint - Momentum investing focuses on "buying high and selling higher," contrasting with traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Strategy - Momentum investing can be risky as stocks may lose momentum when their valuations exceed future growth potential [1] - Investing in bargain stocks with recent price momentum may be a safer approach [2] Group 2: Clear Channel Outdoor (CCO) Analysis - CCO has shown a price increase of 8.6% over the past four weeks, indicating growing investor interest [3] - The stock gained 15.5% over the past 12 weeks, demonstrating its ability to deliver positive returns over a longer timeframe [4] - CCO has a beta of 2.61, suggesting it moves 161% higher than the market in either direction [4] - CCO has a Momentum Score of B, indicating a favorable time to invest [5] - The stock has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which attract more investors [6] - CCO is trading at a Price-to-Sales ratio of 0.37, indicating it is relatively cheap at present [6] Group 3: Investment Opportunities - CCO has significant potential for growth at a fast pace, and other stocks also meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen [7] - There are over 45 Zacks Premium Screens available to help identify winning stock picks based on various investing styles [8]
Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) Stock Update and Future Outlook
Financial Modeling Prep· 2025-09-11 12:00
Core Insights - Clear Channel Outdoor Holdings, Inc. (CCO) is a significant entity in the outdoor advertising sector, focusing on billboards, transit displays, and various outdoor media formats [1] - Citigroup has adjusted its rating for CCO to Neutral, with a new price target set at $1.35, reflecting a positive outlook despite recent stock volatility [3][5] - The stock price of CCO was recorded at $1.27 as of September 10, 2025, with a recent decrease of 5.22% [3][5] Company Performance - CCO's market capitalization is approximately $631.21 million, with a trading volume of 4,979,037 shares on the NYSE [4] - Over the past year, the stock has fluctuated between a high of $1.77 and a low of $0.81, indicating significant volatility in its performance [4] - The stock has recently traded between $1.24 and $1.35, showcasing its price fluctuations [3][5] Future Outlook - During the Analyst/Investor Day on September 9, 2025, key executives, including CEO Scott Wells, discussed the company's strategies and future outlook, which may impact its stock trajectory [2][4] - The event was attended by analysts from major financial institutions, indicating a strong interest in CCO's future plans [2]
Clear Channel Outdoor Holdings, Inc. (CCO) Analyst/Investor Day Transcript
Seeking Alpha· 2025-09-11 01:53
Core Points - Clear Channel Outdoor Holdings, Inc. is hosting an Investor Day in New York City, which is being streamed live [1] - Laura Kiernan is introduced as the new Head of Investor Relations for the company [1] - The event includes forward-looking statements regarding the company's future financial performance and strategic goals, highlighting inherent risks and uncertainties [2] Financial Performance - The presentation will discuss future financial performance and strategic goals, although specific figures are not provided in the excerpts [2][3] Strategic Goals - The company aims to communicate its strategic goals during the presentation, but detailed information is not available in the provided text [2][3]