OUTFRONT Media(OUT)
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OUTFRONT & GLAAD Celebrate Pride Month with 'Protect Our Pride' Campaign
Prnewswire· 2024-06-03 13:07
Initiative Spotlights the LGBTQ Community with Personalized Messages on Digital Billboards Nationwide NEW YORK, June 3, 2024 /PRNewswire/ -- OUTFRONT Media Inc. (NYSE:OUT), one of the largest out of home media (OOH) companies in the U.S., is proud to announce the launch of the "Protect Our Pride" campaign in partnership with GLAAD to celebrate Pride during the month of June. Following the success of last year's "15 Seconds of Fabulous" campaign, this year's initiative, designed by GLAAD and evolving from an ...
Here's Why OUTFRONT Media (OUT) is an Apt Portfolio Pick for Now
zacks.com· 2024-05-17 18:31
Over the past three months, shares of this Zacks Rank #2 (Buy) company have gained 17.6% against the industry's decline of 0.9%. Given the strength in its fundamentals, there seems to be additional room for growth for this stock. Factors That Make OUTFRONT Media a Solid Pick OUTFRONT Media's (OUT) well-diversified portfolio of advertising sites and large-scale presence bodes well. Also, strategic investments and expansion efforts to enhance its digital billboard portfolio provide scope to capitalize on long ...
OUTFRONT Media Chief Executive Officer Jeremy Male to Participate in J.P. Morgan's 52nd Annual Global Technology, Media and Communications Conference
Prnewswire· 2024-05-17 17:30
Contacts: NEW YORK, May 17, 2024 /PRNewswire/ -- OUTFRONT Media Inc. (NYSE: OUT) announced today that Jeremy Male, Chairman and Chief Executive Officer, is scheduled to present at J.P. Morgan's 52nd Annual Global Technology, Media and Communications Conference on Tuesday, May 21, 2024 at 2:25 p.m. Eastern Time. A live and replay audio webcast will be available on the investor relations section of the Company's website at www.outfront.com. About OUTFRONT Media Inc. OUTFRONT leverages the power of technology, ...
Here is Why Growth Investors Should Buy Outfront Media (OUT) Now
Zacks Investment Research· 2024-05-15 17:46
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task. By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss. However, the Zacks Growth Style Score (part of the Zacks Style Score ...
OUTFRONT Media (OUT) Q1 AFFO Meets Estimates, Revenues Up Y/Y
Zacks Investment Research· 2024-05-06 17:46
OUTFRONT Media Inc. (OUT) reported first-quarter 2024 adjusted funds from operations (AFFO) per share of 14 cents, in line with the Zacks Consensus Estimate.The rise in billboard revenues in the quarter aided decent year-over-year top-line growth. However, higher interest expense and operating expenses acted as a dampener. Reflecting the negative sentiments of investors, shares of the company have lost 5.92% in the May 3 normal trading session on the NYSE.Quarterly revenues came in at $408.5 million, missin ...
OUTFRONT Media(OUT) - 2024 Q1 - Quarterly Report
2024-05-03 20:03
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-36367 OUTFRONT Media Inc. (Exact name of registrant as specified in its charter) Maryland 46-4494703 (State o ...
OUTFRONT Media(OUT) - 2024 Q1 - Earnings Call Presentation
2024-05-02 20:31
Financial Performance - Total revenue increased by 32% year-over-year, reaching $4085 million in 1Q24 compared to $3958 million in 1Q23 [1, 105] - US Media revenue increased by 35% year-over-year, totaling $3896 million in 1Q24 versus $3764 million in 1Q23 [1, 107] - Billboard revenue within US Media grew by 25% year-over-year, amounting to $3139 million in 1Q24 from $3061 million in 1Q23 [1, 107] - Transit and Other revenue within US Media increased by 77% year-over-year, reaching $757 million in 1Q24 compared to $703 million in 1Q23 [1, 107] - Adjusted OIBDA was $665 million [1] Digital Revenue and Displays - Total digital revenue increased by 83% year-over-year, reaching $1267 million in 1Q24 compared to $1170 million in 1Q23 [48, 114] - US digital billboard revenue was $876 million [48] - The company had 26408 total digital displays as of March 31, 2024 [30, 48] Expenses - Total expenses increased by 19% year-over-year, totaling $3420 million in 1Q24 compared to $3356 million in 1Q23 [30, 120] - Corporate expenses increased by 246% year-over-year, reaching $162 million in 1Q24 compared to $130 million in 1Q23 [1, 91]
OUTFRONT Media(OUT) - 2024 Q1 - Quarterly Results
2024-05-02 20:10
Exhibit 99.1 OUTFRONT Media Reports First Quarter 2024 Results Revenues of $408.5 million Operating income of $14.0 million Net loss attributable to OUTFRONT Media Inc. of $27.2 million Adjusted OIBDA of $66.5 million AFFO attributable to OUTFRONT Media Inc. of $23.2 million Quarterly dividend of $0.30 per share, payable June 28, 2024 NEW YORK, May 2, 2024 – OUTFRONT Media Inc. (NYSE: OUT) today reported results for the quarter ended March 31, 2024. "Strong local trends drove solid first quarter financial r ...
OUTFRONT and NYC Landmarks60 Alliance Launch Trivia Moments
Prnewswire· 2024-04-29 16:00
An Interactive Citywide Competition The Game Gives New Yorkers the Chance to Display Their Big Apple Knowledge and Commemorates the 60th Anniversary of the NYC Landmarks LawNEW YORK, April 29, 2024 /PRNewswire/ -- OUTFRONT Media (NYSE:OUT), one of the largest out of home (OOH) media companies in the U.S., and the NYC Landmarks60 Alliance are pleased to announce today's launch of Trivia Moments, a seven-month-long interactive citywide competition leading up to the 60th anniversary of New York City's Landmark ...
OUTFRONT AND STREETMETRICS TEAM UP TO OFFER GROUNDBREAKING MEASUREMENT PROVING EFFECTIVENESS OF BUS ADVERTISING UP AND DOWN THE FUNNEL
Prnewswire· 2024-04-26 13:59
Buses Drive Big Business for Brands, According to Several New Attribution Studies NEW YORK and BIRMINGHAM, Ala., April 26, 2024 /PRNewswire/ -- OUTFRONT Media (NYSE:OUT), one of the largest out-of-home media (OOH) companies in the U.S., and StreetMetrics, a leader in Moving OOH (MOOH) measurement, have partnered to enhance dynamic measurement for bus advertising campaigns. Through this alliance, the two companies are teaming up to bring dynamic measurement and attribution to the industry. OUTFRONT and St ...