Latest news with #OutfrontMedia
Yahoo
06-08-2025
- Business
- Yahoo
Outfront Media Inc (OUT) Q2 2025 Earnings Call Highlights: Navigating Revenue Challenges with ...
Organic Revenue: Essentially flat, in line with guidance. OIBDA: $124 million. AFFO: $85 million. Billboard Revenue: Down 2.5%, impacted by exits from two large contracts. Transit Revenue: Grew 5.6%, with 17% growth in Digital revenues. Digital Revenue: Grew 1.5%, representing over 34% of total organic revenues. Commercial Revenue: Up 1.4% year on year. Enterprise Revenue: Declined 4% during the second quarter. Billboard Yield Growth: Up about 0.5% year on year. Restructuring Charge: $19.8 million in the second quarter. Expected Expense Savings: $18 million to $20 million annually from restructuring. Billboard Expenses: Down 3.3% year over year. Transit Expenses: Up 3% year over year. Capital Expenditures: $26 million in Q2, with $7 million for maintenance. Net Leverage: 4.8 times as of June 30. Dividend: $0.30 cash dividend announced. Warning! GuruFocus has detected 12 Warning Signs with OUT. Release Date: August 05, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Outfront Media Inc (NYSE:OUT) has undergone a significant internal reorganization to better align its sales teams and improve revenue growth. The company has centralized its operational and real estate functions to enhance efficiency and reduce administrative burdens. Outfront Media Inc (NYSE:OUT) reported a 5.6% growth in Transit revenues, driven by a 17% increase in Digital revenues. The company is focusing on digital conversions, which have shown approximately four times uplift in revenue versus pre-conversion levels. Outfront Media Inc (NYSE:OUT) expects annualized expense savings of approximately $18 million to $20 million due to restructuring efforts. Negative Points Billboard revenues declined by 2.5%, primarily due to the exit of two large, marginally profitable contracts in New York and LA. The company incurred a $19.8 million restructuring charge in the second quarter due to workforce reductions. Static Billboard revenues were down 1.6%, and Digital Billboard revenues declined by 4.5% during the quarter. Entertainment, health and medical, restaurants, and alcohol were weaker categories during the quarter. Outfront Media Inc (NYSE:OUT) faces challenges in engaging digital media buyers who have not yet embraced the digital out-of-home ecosystem. Q & A Highlights Q: The business has gone through significant changes recently, including new leadership and restructuring. Are you through the heaviest period of these changes, or are there more areas to address? A: We have focused on fundamental transformational issues this year, including resetting our sales strategy and modernizing workflow processes. While we've made significant progress, ongoing efforts continue, particularly in areas like AI, automation, and ad tech stack improvements. We believe we've addressed the major changes but will continue refining our processes. Q: Can you explain the weakness in the entertainment vertical, given the strong box office performance this year? A: While we secured deals with major studios like Universal and Disney, some key studios did not support their slates, leading to lower spending. We are optimistic about the entertainment sector in Q3, given the deals already committed. Q: Regarding the Q3 outlook, what are the drivers behind the acceleration in Transit, and what is the impact of the MTA and LA contract exits on Billboard? A: Transit growth is driven by improved focus and management incentives, particularly in New York. The MTA and LA contract exits will impact Billboard revenues, with each representing about 2% of our Billboard revenues in 2024. The biggest headwind will be in Q3, but we expect to lap the New York contract by Q4 and both by 2026. Q: With the decline in Static Transit revenue, is this due to ridership or a structural shift away from Static boards? Also, what is the potential for margin expansion from recent cost actions? A: The decline in Static Transit is expected as digital options are more appealing. We anticipate this trend to continue. Regarding cost actions, we expect $18 million to $20 million in annual savings, with half realized this year, contributing to margin expansion. Q: Despite revenue pressure, Billboard margins held up well. Are there additional cost levers to pull if revenue remains soft? A: We continue to manage our Billboard portfolio for margin optimization. While no large low-margin portfolios remain, we will keep refining our portfolio. We are focused on seeing the impact of recent changes before pulling additional cost levers. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
01-08-2025
- Business
- Yahoo
How Much Would It Take To Earn $100 A Month From Outfront Media Stock
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Outfront Media Inc. (NYSE:OUT) is a real estate investment trust that owns and operates out-of-home advertising structures and sites, including billboards and transit displays. It will report its Q2 2025 earnings on Aug. 5. Wall Street analysts expect the company to post EPS of $0.42, up from $0.18 in the prior-year period. According to data from Benzinga Pro, quarterly revenue is expected to be $463.16 million, down from $477.30 million a year earlier. Don't Miss: Accredited Investors: Grab Pre-IPO Shares of the AI Company Powering Hasbro, Sephora & MGM— 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. The 52-week range of Outfront Media stock price was $12.95 to $19.98. Outfront Media's dividend yield is 6.64%. It paid $1.20 per share in dividends during the last 12 months. The Latest On Outfront Media The company on May 8 announced its Q1 2025 earnings, posting loss per share of $0.14, compared to the consensus estimate of loss per share of $0.09, and revenues of $390.70 million, compared to the consensus of $396 million, as reported by Benzinga. 'The first quarter came in largely as expected despite an uncertain economic climate,' said CEO Nick Brien. 'Although recent macroeconomic events have further increased the uncertainty in the market, we remain confident in the health and strength of our business in both the short and long-term.' Trending: $100k+ in investable assets? – no cost, no obligation. How Can You Earn $100 Per Month As An Outfront Media Investor? If you want to make $100 per month — $1,200 annually — from Outfront Media dividends, your investment value needs to be approximately $18,072, which is around 1,000 shares at $18.07 each. Understanding the dividend yield calculations: When making an estimate, you need two key variables — the desired annual income ($1,200) and the dividend yield (6.64% in this case). So, $1,200 / 0.0664 = $18,072 to generate an income of $100 per month. You can calculate the dividend yield by dividing the annual dividend payments by the current price of the stock. The dividend yield can change over time. This is the outcome of fluctuating stock prices and dividend payments on a rolling instance, assume a stock that pays $2 as an annual dividend is priced at $50. Its dividend yield would be $2/$50 = 4%. If the stock price rises to $60, the dividend yield drops to 3.33% ($2/$60). A drop in stock price to $40 will have an inverse effect and increase the dividend yield to 5% ($2/$40). In summary, income-focused investors may find Outfront Media stock an attractive option for making a steady income of $100 per month by owning 1,000 shares of stock. Check out this article by Benzinga for three stocks offering high dividend yields. Read Next: If there was a new fund backed by Jeff Bezos offering a ? Image: Shutterstock This article How Much Would It Take To Earn $100 A Month From Outfront Media Stock originally appeared on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
21-07-2025
- Business
- Business Insider
Outfront Media price target raised to $19 from $17 at Wells Fargo
Wells Fargo raised the firm's price target on Outfront Media (OUT) to $19 from $17 and keeps an Overweight rating on the shares. Recent actions by the company have given the firm more comfort on its margin story moving forward, the analyst tells investors. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Yahoo
25-06-2025
- Business
- Yahoo
Message board on top of a 56-foot pole may be looking down on Route 1
WOODBRIDGE - A message board on top of a pole about the height of a four-story building may be coming to northbound Route 1 in the Fords section. Outfront Media, one of the nation's leading outdoor advertising firms and listed on the New York Stock Exchange, is seeking the township's Zoning Board of Adjustment's approval for the project proposed for 80 Route 1 north in the R1R Route 1 Redevelopment Zone. A public hearing on the proposal is scheduled for the board's July 10 meeting. Outfront Media is looking to remove a 14-foot by 48-foot sign and replace it with a 14-foot by 47-foot double-faced message board on single pole. In all, the new sign and pole will 56 feet. Woodbridge fireworks: What to know A use variance is required because multimessage off-premise advertising signs are prohibited in the R1R Zone. In addition, variances are being sought for maximum building height because 45 feet is the maximum permitted and 56 feet is proposed. Variances also are being sought for side yard setback. The project is proposed for a section of Route 1 north near Lafayette Road and across the highway from The Original Pancake House and Margaritas Mexican Restaurant. Email: srussell@ Suzanne Russell is a breaking news reporter for covering crime, courts and other mayhem. To get unlimited access, please subscribe or activate your digital account today. This article originally appeared on Message board on top of a 56-foot pole may be looking down on Route 1
