OUTFRONT Media(OUT)
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OUTFRONT Media To Report 2024 Third Quarter Results on November 5, 2024
Prnewswire· 2024-10-18 03:00
NEW YORK, Oct. 17, 2024 /PRNewswire/ -- OUTFRONT Media Inc. (NYSE: OUT) announced today that it will report results for the fiscal quarter ended September 30, 2024 after the market closes on Tuesday, November 5, 2024. The earnings announcement will be available in the Investor Relations section of the Company's website, www.outfront.com. The Company will host a conference call to discuss the results on Tuesday, November 5, 2024 at 4:30 p.m. Eastern Time. The conference call number is 833-470-1428 (U.S. call ...
Here's Why Outfront Media (OUT) is a Strong Momentum Stock
ZACKS· 2024-10-02 22:51
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both. The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. It also includes access to the Zacks Style Scores ...
Scott Felenstein Joins OUTFRONT Media as Senior Vice President of Brand Partnerships
Prnewswire· 2024-09-30 23:18
NEW YORK, Sept. 30, 2024 /PRNewswire/ -- OUTFRONT Media (NYSE:OUT) is excited to announce that Scott Felenstein has been appointed as the Senior Vice President of Brand Partnerships, bringing over 30 years of extensive experience in advertising, digital media, and sales management. Felenstein joins OUTFRONT Media from National CineMedia (NCM), where he most recently held the role of President - Sales, Marketing & Partnerships. Felenstein, in his new role as Senior Vice President of Brand Partnerships, will ...
OUTFRONT Media Surges 31.8% in 3 Months: Will the Trend Last?
ZACKS· 2024-09-24 02:10
Shares of OUTFRONT Media (OUT) have surged 31.8% in the past three months compared with the industry's growth of 17.7%. This New York-based advertising real estate investment trust's (REIT) diverse portfolio of advertising sites and large-scale presence, efforts to bolster its digital presence and strategic acquisitions over the years have enabled it to ride the growth curve so far. Analysts seem bullish about this Zacks Rank #3 (Hold) company. The Zacks Consensus Estimate for its 2024 funds from operations ...
Here's Why You Should Retain OUTFRONT Media Stock for Now
ZACKS· 2024-09-12 23:20
文章核心观点 - OUTFRONT Media的广告位置在地理和行业上都有多元化布局,有利于长期发展 [1][2][3] - 公司持续投资数字广告牌,有助于提升数字广告收入 [3] - 公司通过收购扩大业务规模,有利于长期增长 [3] - 户外广告凭借技术进步和成本优势,市场份额持续提升 [4] 公司概况 - OUTFRONT Media是一家专注于户外广告的房地产投资信托基金(REIT)公司 [1] - 公司在美国主要市场拥有广泛的广告位布局,为客户提供全国性和区域性的广告投放 [2] - 公司的收入来源较为多元化,抵御经济波动的能力较强 [2] - 公司预计2024年总收入同比增长1.2% [2] 公司优势 - 公司持续投资数字广告牌,数量已达1,906块,有助于拓展新的广告客户和提升数字广告收入 [3] - 公司通过收购不断扩大业务规模,为长期增长奠定基础 [3] - 户外广告凭借技术进步和成本优势,市场份额持续提升,有利于公司发展 [4] 公司挑战 - 经济放缓可能影响公司短期收入增长 [5] - 数字广告牌部署需要大量资本支出 [5] - 利率上升将提高公司的借贷成本 [6] - 面临来自其他广告渠道的激烈竞争,可能影响公司的定价能力 [6]
Why Outfront Media (OUT) is a Top Momentum Stock for the Long-Term
ZACKS· 2024-09-09 22:56
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both. The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The Zacks St ...
Outfront Media: An Attractive 7% Dividend Yielder With Double-Digit Upside Potential
Seeking Alpha· 2024-09-01 20:00
Ozgur Donmaz/DigitalVision via Getty Images Introduction/Overview OUTFRONT Media (NYSE:OUT) is a REIT that went public a little over a decade ago in March 2014. They use technology as a way for businesses to connect with their customers. This is done through multiple outlets such as billboards, transit, and mobile assets in the U.S. They also own smaller screens located primarily on subway and train cars in the New York Metropolitan Transportation Authority. The subway is a cheap, efficient, and quick way f ...
OUTFRONT Media (OUT) Soars 16.4% YTD: Will the Trend Last?
ZACKS· 2024-08-22 02:10
Shares of OUTFRONT Media (OUT) have soared 16.4% year to date compared with the industry's growth of 3.2%. This New York-based advertising real estate investment trust's (REIT) diverse portfolio of advertising sites and large-scale presence, efforts to bolster its digital presence and strategic acquisitions over the years have enabled it to ride the growth curve so far. This month, the company reported better-than-expected second-quarter 2024 results. It reported adjusted funds from operations (AFFO) per sh ...
OUTFRONT Media(OUT) - 2024 Q2 - Quarterly Report
2024-08-08 04:02
数字广告牌业务 - 公司在美国拥有约120个市场的广告位资源,覆盖25个最大市场[145] - 公司正在开发增强人口统计和位置定位的技术解决方案,以及与移动消费者互动的新方式[146] - 公司的数字广告牌收入约为传统静态广告牌收入的4-5倍,但成本也高出2-4倍[153] - 公司正在加大数字广告牌的部署力度,并预计数字广告牌的收入将高于静态广告牌[154] - 公司在2024年上半年新建或改造了46块数字广告牌,并新增了13块第三方数字广告牌[156] - 公司在2024年上半年新建、改造或更换了4,316块数字公交和其他广告牌[156] 收入和费用情况 - 总收入增长2%,有机收入增长4%[172] - 广告牌收入增长1%,有机广告牌收入增长2%[174,175] - 公交及其他收入增长6%,有机公交及其他收入增长7%[176,177] - 运营费用下降2%[179] - 广告牌租赁费用占广告牌收入的比例从35%下降至33%[181] - 公交特许经营费用占公交显示收入的比例从70%下降至64%[182] - 销售、一般及管理费用(SG&A)占收入的比例为25%,较上年同期上升2个百分点[185] 资产减值和处置收益 - 由于MTA资产组的负现金流,公司计提了8.8百万美元和17.9百万美元的减值损失[187][188] - 净收益处置收益较上年同期增加1.551亿美元,主要由于交易的影响[186] - 折旧和摊销费用分别下降7%和19%,主要由于交易的影响[189][190] - 处置债务损失为1.2百万美元,主要由于提前偿还贷款[192] 盈利情况 - 归属于公司股东的净利润分别为1.778亿美元和1.496亿美元,主要由于交易产生的收益和2023年较高的减值损失[194] - 调整后OIBDA为1.26亿美元和1.925亿美元,调整后OIBDA率分别为26%和22%[200] 美国媒体分部表现 - 公司总收入在三个月和六个月期间分别增长4%和4%[208] - 美国媒体分部收入在三个月和六个月期间分别增长4%和4%[218] - 美国媒体分部的广告牌收入在三个月和六个月期间分别增长2%和2%[219] - 美国媒体分部的过境和其他收入在三个月和六个月期间分别增长11%和9%[220] - 美国媒体分部的经营费用在三个月期间下降1%,在六个月期间增长0%[221,222] - 美国媒体分部的销售、一般及管理费用在三个月和六个月期间分别增长9%和4%[223] - 公司在三个月和六个月期间分别计提8.8百万美元和17.9百万美元的减值损失[224] - 纽约大都市区收入占美国媒体分部收入的19%[216] - 洛杉矶大都市区收入占美国媒体分部收入的14%[216] - 公司约42%的美国媒体分部收入来自国家广告活动[218] - 美国媒体分部的经调整OIBDA在2024年6月30日结束的三个月内增加1240万美元,或10%,在2024年6月30日结束的六个月内增加2210万美元,或11%[225] - 2024年6月30日结束的三个月和六个月的经调整OIBDA利润率分别为30%和26%,较2023年同期的29%和24%有所提高[225] 其他收入和OIBDA - 2024年6月30日结束的三个月和六个月的非有机收入分别反映了交易的影响[233] - 2024年6月30日结束的三个月和六个月的有机其他收入分别下降95%和89%,主要由于第三方数字设备销售下降[234] - 2024年6月30日结束的三个月和六个月的其他经调整OIBDA分别下降76%和68%,主要由于交易的影响和第三方数字设备销售下降[236] MTA协议相关 - 公司预计2024年MTA设备部署成本约为5000万美元,之后每年将降至3000万美元至4000万美元[247] - 公司必须向MTA支付收入的一定百分比或最低年度保证付款金额,以较高者为准[248] - 公司已将2020年4月1日至2020年12月31日期间应付的最低年度保证付款金额(扣除该期间实际支付的收入分成金额)平均分摊至2022年1月1日至2026年12月31日期间的最低年度保证付款金额中[248] - 公司已于2021年7月将MTA协议的初始10年期限延长至13年基本期限,并有权在基本期限结束时再延长5年,前提是满足某些定量和定性条件[249] - 公司预计2024年剩余时间内的过境特许费用占过境显示收入的百分比将低于2023年,但仍高于疫情前水平[250] - 公司已于2024年6月30日前在MTA协议下安装了23,971个数字显示屏,其中包括5,004个地铁和火车站台及入口的数字广告屏、13,430个车厢上的小型数字广告屏和5,537个MTA通信显示屏[250] - 公司预计从2024年第三季度开始至MTA协议修订期限结束将实现现金流中性[251] - 公司于2024年6月30日前已发行价值约1.36亿美元的保证金[250] - 公司于2024年6月30日前已累计投入5.975亿美元用于MTA设备部署,其中3390万美元已从增量收入中收回[250] 财务状况 - 公司于2024年6月30日的现金及现金等价物为4960万美元,较2023年12月31日的3600万美元增加38%[238] - 公司董事会批准了每股0.30美元的季度现
OUTFRONT Media (OUT) Q2 AFFO Beats Estimates, Revenues Miss
ZACKS· 2024-08-08 00:07
OUTFRONT Media Inc. (OUT) reported second-quarter 2024 adjusted funds from operations (AFFO) per share of 49 cents, which surpassed the Zacks Consensus Estimate of 46 cents. Results reflect lower operating expenses due to lower property lease costs. The company also witnessed higher average revenue per display (yield) across its portfolio. However, a rise in interest expenses hurt the performance to some extent. However, quarterly revenues came in at $477.3 million, which missed the Zacks Consensus Estimate ...