About This Article ■ In our previous coverage of Outfront Media (NYSE:OUT), we weighed the positives of the high yield and the monopoly-like business, versus the very real negatives that we saw. Those negatives were concentrated within leverage and a rather non-REIT like cyclicality of earnings. Ultimately, we called it a "great point to cash out" as the stock had a nice rally off the lows. We now rate Outfront Media Inc. stock a Sell and would get more constructive if leverage can be reduced below 4.5X or ...

文章核心观点 - OUTFRONT Media拥有多元化的广告资产组合,在美国和加拿大的主要市场具有广泛的地理覆盖和行业多元化,有利于长期增长[1][2][3] - 公司持续投资数字广告牌,数字广告牌数量不断增加,有助于提升数字广告收入[4][5] - 公司通过收购进一步扩大业务规模,为长期增长奠定基础[6] - 户外广告行业受益于技术进步和成本优势,OUTFRONT Media有望持续增加市场份额[7] 行业分析 - 宏观经济环境下,公司面临成本上升压力,可能影响盈利增长[9] - 高利率环境下,公司债务融资成本上升,可能影响购置或开发房地产的能力,同时也可能降低股息吸引力[10] - 公司面临来自其他户外广告商和其他广告渠道的竞争,可能影响定价能力和盈利水平[11] 公司分析 - 过去6个月,公司股价上涨11.7%,优于行业下跌2.8%[8] - 同行中,American Tower和Lamar Advertising的未来增长前景较好[12][13][14]

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 ...

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 ...

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, ...

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 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 ...

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 ...

财务数据和关键指标变化 - 总收入同比增长3.2%,达到稳定增长 [7][8] - 调整后OIBDA同比增长10%以上,转化为AFFO的增长超过一倍 [7][8] 各条业务线数据和关键指标变化 - 广告牌业务收入增长2.5%,但剔除补偿收入影响后增幅更高 [10] - 公交业务收入增长7.7%,主要来自纽约地铁系统和广泛的广告类别 [11] - 数字广告收入增长8.3%,占总收入31% [13] - 自动化交易收入占数字收入的14%,较去年同期8%有大幅提升 [13] 各个市场数据和关键指标变化 - 本地市场收入增长7.5%,国内市场收入下降2.3% [11] - 亚特兰大、达拉斯等地区广告牌业务表现出色,旧金山有复苏迹象 [10] - 新收购的波特兰资产表现良好 [10] 公司战略和发展方向及行业竞争 - 公司在公交业务上采取更加灵活的合作模式,如与华盛顿特区WMATA签订新的长期合同 [32][33][34] - 公司未来将继续关注收购整合,预计2024年的收购活动与2023年相当 [27] 管理层对经营环境和未来前景的评论 - 第二季度收入增长预计与第一季度相当 [30] - 政治广告收入有望在第二、三季度大幅增长,可能达到2020年的1.5-2倍 [49] - 预计全年AFFO增长将处于高个位数区间 [23] 问答环节重要的提问和回答 问题1 **Cameron McVeigh 提问** 本地和国内广告收入增长差异的原因 [37][38][39] **Jeremy Male 回答** 本地业务增长更稳定,受行业波动影响较小,而国内业务受个别大客户影响较大 问题2 **Ian Zaffino 提问** 公交业务增长的主要驱动因素,乘客人数和娱乐/科技行业复苏的影响 [41][42][43] **Jeremy Male 回答** 数字化和自动化是主要驱动因素,乘客人数增加和行业复苏也有一定影响 问题3 **David Karnovsky 提问** 纽约市拥堵费对公交业务的影响,以及旧金山业务增长的原因 [52][53][54][55] **Jeremy Male 回答** 拥堵费对公交业务影响有限,旧金山增长主要来自本地销售团队的出色表现

财务数据 - 营收增长了3.2%[3] - 营业收入为14百万美元，包括9百万美元的减值费用[3] - 调整后的OIBDA为67百万美元[3] - 净亏损为27百万美元，包括9百万美元的减值费用[3] - AFFO为23百万美元[3] - 2024年第一季度总收入为1,820.6亿美元，同比增长了3.3%[22] - 数字广告收入占总收入的比例从2022年的28.7%增长到2024年的35.8%[22] - 2024年数字收入达到588.3亿美元，同比增长了9.6%[22] 数字广告数据 - 2024年3月31日，数字广告收入为126.7百万美元，较2023年3月31日的117.0百万美元增长[21] - 2024年3月31日，数字广告显示数量为26,408个，较2023年3月31日的19,100个增加[21] - 2024年3月31日，数字广告显示数量中，数字广告牌数量为18,723个，较2023年3月31日的16,995个增加[21] 北美数字广告数据 - 美国数字显示总额为283.4亿美元[23] - 美国数字显示总额中，媒体广告牌收入为354.2亿美元[23] - 美国数字显示总额中，本地收入为202.5亿美元[23] - 美国数字显示总额中，国家收入为151.7亿美元[23] - 美国数字显示总额中，总费用为336.9亿美元[23] - 加拿大数字显示总额为2.343亿美元[23] - 加拿大数字显示总额中，媒体广告牌收入为242.5亿美元[23] - 加拿大数字显示总额中，本地收入为196.9亿美元[23] - 加拿大数字显示总额中，国家收入为330.5亿美元[23] - 加拿大数字显示总额中，总费用为131.2亿美元[23]