OUTFRONT Media Inc
NYSE:OUT

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OUTFRONT Media Inc
NYSE:OUT
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Price: 16.96 USD -1.05%
Market Cap: 2.8B USD

OUTFRONT Media Inc
Investor Relations

OUTFRONT Media Inc. stands as one of the prominent forces in the out-of-home advertising industry, weaving its expansive network across urban landscapes and transit systems. The company operates as a billboard behemoth, transforming mundane public spaces into dynamic canvases for brands to tell their stories. With its keen eye for strategic placements, OUTFRONT manages a substantial portfolio of diverse advertising assets including traditional billboards, transit displays, and digital screens. These assets are not just static surfaces but are strategically positioned in high-traffic areas, ensuring maximum visibility and engagement. This allows brands to effectively reach a broad audience, while OUTFRONT earns revenue through leasing these high-demand advertising spaces.

The core of OUTFRONT’s business model revolves around its ability to combine traditional outdoor advertising with innovative digital technology. The digital transformation enables it to offer more dynamic, data-driven advertising solutions which adapt in real-time to events, audience demographics, and weather conditions. This enhances the engagement capability of their advertising offerings, thereby attracting brands seeking to create more interactive and personalized campaigns. By harnessing data analytics and digital technology, OUTFRONT augments its revenue streams and enhances its competitive edge in the out-of-home advertising sector. Thus, the company thrives by not just selling space but by offering an evolving advertising platform that meets the sophisticated demands of the modern marketing landscape.

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Earnings Calls

2024 Q3
Nov 12, 2024
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Outfront Media Reports Robust Growth in Q3 Earnings Call
2024 Q3
Nov 12, 2024

In the third quarter, Outfront Media reported a 5% revenue growth, predominantly from billboard and transit markets, with adjusted OIBDA rising over 11%. Consolidated AFFO increased nearly 7%, totaling $81 million. Despite a headwind from exiting a contract with the New York MTA, overall revenues are still anticipated to grow around 3% in Q4. Digital revenues surged 10%, now comprising over 32% of total revenues. The company expects 2024 AFFO to range between $295 million and $300 million. A special dividend of $0.75 per share was announced, set for December 31, with a repayment in cash and stock options.

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Management

Mr. Jeremy J. Male
Chairman & CEO
No Bio Available
Mr. Matthew Siegel
Executive VP & CFO
No Bio Available
Mr. Richard H. Sauer
Executive VP & General Counsel
No Bio Available
Mr. Andrew R. Sriubas
Executive VP & Chief Commercial Officer
No Bio Available
Mr. Clive Punter
Executive VP & Chief Revenue Officer
No Bio Available
Mr. Steve Hillwig
Executive Vice President of Operations
No Bio Available
Mr. Patrick Martin
Senior VP, Controller & Chief Accounting Officer
No Bio Available
Mr. Premesh Purayil
Chief Technology Officer
No Bio Available
Mr. Lowell Simpson
Executive VP & Chief Information Officer
No Bio Available
Mr. Stephan Edward Bisson
Vice President of Investor Relations
No Bio Available

Contacts

Address
NEW YORK
New York City
405 Lexington Ave Fl 17
Contacts