Financial Performance - Total reported revenue increased by 100% year-over-year, reaching $3384 million in Q1 2019 compared to $3099 million in Q1 2018[5, 7] - US Media revenue increased by 92% year-over-year, from $2263 million in Q1 2018 to $2362 million in Q1 2019[10] - Billboard revenue in US Media increased by 44% year-over-year, from $2263 million to $2362 million[10] - Transit & Other revenue in US Media increased by 222% year-over-year, from $836 million to $1022 million[10] - Adjusted OIBDA increased by 69% year-over-year[5] - AFFO increased by 29% year-over-year[5] Revenue Breakdown - Local revenue increased by 123% year-over-year, reaching $2025 million in Q1 2019[13] - National revenue increased by 49% year-over-year, reaching $1359 million in Q1 2019[13] - Digital revenue accounted for 171% of total revenue in Q1 2019, amounting to $636 million[54] Expenses and Profitability - Adjusted OIBDA margin was 280% in Q1 2019[66] - Billboard lease expenses increased by 69% year-over-year, from $63 million to $65 million[26]

Financial Performance - Total reported revenue increased by 145% year-over-year, reaching $4196 million in Q2 2019 compared to $3672 million in Q2 2018[9] - Adjusted OIBDA increased by 147%[7] - AFFO increased by 247%[7] Revenue Breakdown - Billboard revenue increased by 86% year-over-year[12] - Transit & Other revenue increased by 285% year-over-year[12] - Local revenue increased by 98% year-over-year[15] - National revenue increased by 202% year-over-year[15] Digital Performance - Digital revenue increased by 242% year-over-year[57], reaching $662 million in Q2 2019 compared to $533 million in Q2 2018[57] - Static revenue increased by 102% year-over-year[18] Capital Allocation and Liquidity - The company has $100 million in unrestricted cash and $430 million available from a revolving credit facility as of June 30, 2019[47] - Total debt outstanding (face value) is $2820 million, resulting in a net leverage ratio of 46x[47] Non-GAAP Financial Measures - The report includes non-GAAP financial measures such as organic revenues, Adjusted OIBDA, and AFFO to supplement GAAP financial measures[4]

Key Takeaways OUT's diversified billboard portfolio fuels steady revenues despite market shifts. The shift to digital displays and transit assets boosts new ad relationships and digital sales. Recent $5.7M asset buyouts aim to enhance OUT's portfolio and long-term growth potential.OUTFRONT Media (OUT) shares have gained 11.2% in the past three months, outperforming the industry’s growth of 1.2%.This New York-based advertising real estate investment trust (REIT) enjoys a diversified portfolio of advertisin ...

Company Overview - Lamar Advertising (NASDAQ:LAMR) issued guidance for 2025, projecting approximately 4% growth in Adjusted Funds From Operations (AFFO) per share over 2024 [1][2] - The company reported 1Q25 earnings on May 8, 2025, and reaffirmed its guidance during the earnings call, indicating that it is on track to meet its previously provided AFFO per share guidance [5][6] Market Concerns - There are macroeconomic concerns affecting advertising spend, with key advertisers potentially pulling back due to uncertainties in supply chains and consumer spending [2] - MAGNA revised its forecast for media advertising revenues, projecting a growth of 4.3% in 2025, down from a previous forecast of 4.9% [2] Performance Insights - As of May 2025, 75% of ad space is already contracted, which provides a solid revenue base for the company [6] - The growth is expected to be back-end loaded, with sequential strength anticipated as the year progresses [6] Industry Dynamics - The out-of-home (OOH) advertising industry has shown resilience, with billboards gaining market share from traditional media like linear TV and radio [9][10] - The industry benefits from limited new supply due to regulatory constraints, creating a strong competitive moat for existing players [9][11] Financial Strategies - The company has engaged in share buybacks, repurchasing 1.223 million shares for a total of $131.6 million in April 2025, which is expected to be accretive to AFFO per share [12][13] - Lamar is also pursuing accretive acquisitions that should contribute positively to AFFO [13] Growth Outlook - Despite a projected slowdown to 4% AFFO per share growth, the underlying growth rate is believed to be closer to 6%+ due to challenging comparisons with 2024 [8][16] - The company is trading at 13.7X AFFO, which is considered opportunistic given its growth outlook of 4% to 8% over the next five years [16]

Core Viewpoint - OUTFRONT Media Inc. reported a first-quarter 2025 adjusted funds from operations (AFFO) per share of 14 cents, missing the Zacks Consensus Estimate of 15 cents, with no change from the prior-year quarter [1][2] Financial Performance - Quarterly revenues were $390.7 million, missing the Zacks Consensus Estimate by 1.5%, and decreased 4.4% year over year [2] - Billboard revenues totaled $310.7 million, reflecting a year-over-year decline of 1%, attributed to lost billboards and lower proceeds from condemnations, partially offset by higher average revenue per display [2][3] - Transit revenues increased to $77.7 million, up 2.6% from the year-ago quarter, driven by higher average revenue per display [3] - Operating income was $13.9 million, slightly down from $14 million in the previous year [3] - Operating expenses decreased to $221.3 million, down 7.3% year over year, due to lower variable property lease expenses and the impact of lost billboards [4] - Net interest expenses decreased to $36 million, down 13% from $41.4 million in the prior-year period, due to lower average debt balance and interest rates [5] Cash Flow and Balance Sheet - Net cash flow from operating activities for the quarter was $33.6 million, an increase from $30.6 million in the prior-year period [6] - As of March 31, 2025, the company had unrestricted cash of $30.5 million and $494.8 million available under its $500 million revolving credit facility [7] - No shares were sold under the at-the-market (ATM) equity program, with $232.5 million available under the program at the quarter's end [8] Dividend Information - OUTFRONT Media announced a quarterly cash dividend of 30 cents per share, payable on June 30 to shareholders of record as of June 6, 2025 [9]

Outfront Media (OUT) Q1 2025 Earnings Call May 08, 2025 04:30 PM ET Company Participants Stephan Bisson - Vice President, Investor RelationsNick Brien - Interim CEOMatthew Siegel - EVP & CFODaniel Osley - Vice President, Equity ResearchPatrick Sholl - Vice President Conference Call Participants Cameron McVeigh - Analyst Operator Thank you for your patience, everyone. The Outfront Media First Quarter twenty twenty five Earnings Call will begin shortly. Hello, everyone, and welcome to the Outfront Media First ...

Outfront Media (OUT) Q1 2025 Earnings Call May 08, 2025 04:30 PM ET Speaker0 Thank you for your patience, everyone. The Outfront Media First Quarter twenty twenty five Earnings Call will begin shortly. Hello, everyone, and welcome to the Outfront Media First Quarter twenty twenty five Earnings Call. My name is Carla, and I will be coordinating your call today. During the presentation, you will have the opportunity to ask questions. I would now like to hand you over to Stefan Bisson to begin. Stefan, please ...

Revenues of $390.7 millionOperating income of $13.9 million Net loss attributable to OUTFRONT Media Inc. of $20.6 millionAdjusted OIBDA of $64.2 millionAFFO attributable to OUTFRONT Media Inc. of $23.9 millionQuarterly dividend of $0.30 per share, payable June 30, 2025NEW YORK, May 8, 2025 /PRNewswire/ -- OUTFRONT Media Inc. (NYSE: OUT) today reported results for the quarter ended March 31, 2025."The first quarter came in largely as expected despite an uncertain economic climate." said Nick Brien, Interim C ...

Q1 2025 trading update Paris, May 6th, 2025 Strong revenue growth in Q1 2025 €858m in revenue, a record Q1+7.0% reported revenue growth+5.5% organic revenue growth, above our expectations+17.0% digital revenue growth Guidance for Q2 2025: low single digit organic revenue growth expected Commenting on the 2025 first quarter revenue, Jean-Charles Decaux, Chairman of the Executive Board and Co-CEO of JCDecaux, said: “In a challenging environment with rising uncertainties, our Q1 performance has been st ...

MOUNT LAUREL, N.J., May 5, 2025 /PRNewswire/ -- Premier Outdoor Media ("Premier" or the "Company"), a leading independent operator of out-of-home advertising ("OOH") assets throughout the Northeast Corridor, announced today that it has divested its OOH assets to Lamar Advertising Company (NASDAQ: LAMR) ("Lamar"). Financial terms of the transaction were not disclosed.Premier was founded in 2018 through Caruth Capital Partners, LLC's ("Caruth") acquisition of Jersey Premier Outdoor Media, LLC, in partnership ...