NEW YORK, July 17, 2024 /PRNewswire/ -- OUTFRONT Media Inc. (NYSE: OUT) announced today that it will report results for the fiscal quarter ended June 30, 2024 after the market closes on Tuesday, August 6, 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, August 6, 2024 at 4:30 p.m. Eastern Time. The conference call number is 833-470-1428 (U.S. callers) and 4 ...

OUTFRONT Media (OUT) announced the sale of its Canadian business to Bell Media, a wholly-owned subsidiary of BCE Inc. Subject to certain adjustments, the cash purchase price stands at C$410 million.The sale of OUTFRONT Media's Canadian business highlights the solid demand for out-of-home assets. This strategic move will allow OUTFRONT Media to lower its financial leverage and focus solely on managing its fully domestic business within the United States. OUTFRONT Media had previously entered into an agreemen ...

NEW YORK, June 10, 2024 /PRNewswire/ -- OUTFRONT Media Inc. (NYSE: OUT) and Bell Media Inc., a wholly-owned subsidiary of BCE Inc. (TSX, NYSE: BCE), announced today that they have closed the sale of OUTFRONT Media's Canadian business to Bell Media for a purchase price of C$410 million in cash, subject to certain purchase price adjustments. Jeremy Male, Chairman and Chief Executive Officer of OUTFRONT Media, said: "The sale of our Canadian business illustrates the inherent value of our out-of-home assets, an ...

Gary Yeowell/DigitalVision via Getty Images 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 c ...

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 NationwideNEW 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 ...

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-term growth opportunities.The Zacks Consensus Estimate for its 2024 funds from operations (FFO) per share stands at $1.71, indicating an increase of 1.3% from the year-ago reported figure.Over the past three months, shares of this Zacks Rank #2 (Buy) company have gained 17.6 ...

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, location, ...

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 Scores ...

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 ...