Welcome to our dedicated page for Outfront Media news (Ticker: OUT), a resource for investors and traders seeking the latest updates and insights on Outfront Media stock.
Outfront Media Inc (OUT) is a leading real estate investment trust specializing in out-of-home advertising, offering investors and industry professionals timely updates on its market activities. This page serves as a centralized hub for official announcements, financial disclosures, and strategic developments impacting the company’s position in the advertising sector.
Access curated press releases covering quarterly earnings, new partnerships, technological advancements in digital displays, and portfolio expansions. Investors will find essential updates on dividend declarations, capital allocation strategies, and operational milestones that shape OUT’s performance in the REIT landscape.
Discover insights into Outfront Media’s innovations in programmatic advertising platforms, transit advertising contracts, and sustainability initiatives. Content is organized to help users efficiently track regulatory filings, leadership changes, and market expansion efforts across major urban centers.
Bookmark this page for direct access to verified information from Outfront Media and third-party analyses. Check regularly to stay informed on evolving trends in outdoor advertising and the company’s role in shaping industry standards through data-driven solutions.
OUTFRONT Media reported a strong recovery for Q3 2021, achieving a 41.4% revenue growth year-over-year, totaling $399.2 million. Billboard revenue surged to $317.4 million (+32.3%), while transit revenue soared 92.9% to $81.8 million. Net income reached $33.1 million compared to a loss of $13.5 million in Q3 2020. Adjusted OIBDA increased 82.0% to $108.1 million. The company anticipates continued improvement in advertising demand as urban centers recover from the pandemic. Liquidity is strong, with $510.3 million in cash and $496.0 million available under its credit facility.
OUTFRONT Media Inc. has declared a quarterly cash dividend of $0.10 per share. This payment will be made on December 31, 2021, to shareholders on record by the close of business on December 3, 2021. The dividend reflects the company's ongoing commitment to return value to its shareholders.
OUTFRONT Media Inc. (NYSE: OUT) will report its fiscal quarter results for September 30, 2021, on November 4, 2021, after market close. Investors can access the earnings announcement on the company's website. A conference call to discuss the results will occur on the same day at 4:30 p.m. ET, with access numbers provided for U.S. and international callers. The call will be webcast live and available for replay. As a leader in out-of-home advertising, OUTFRONT Media connects brands with consumers through various advertising assets across North America.
OUTFRONT Media Inc. (NYSE: OUT) has announced that Matthew Siegel, Executive Vice President and Chief Financial Officer, will present at the 2021 Deutsche Bank's 29th Annual Leveraged Finance Conference on October 4, 2021, at 3:15 p.m. Eastern Time. The event will feature a live and replay audio webcast available on the Company's investor relations website, www.OUTFRONTmedia.com. This engagement highlights OUTFRONT's ongoing commitment to enhancing investor relations.
OUTFRONT Media Inc. (NYSE: OUT) has launched the call for entries for its third annual OUTFRAME contest, inviting artists to submit work based on the theme 'BE:CAUSE.' The contest aims to spotlight causes important to participants, with winning artwork displayed across OUTFRONT's media assets nationwide in December. The deadline for submissions is October 31. Judges include notable figures from advertising and creative industries. In addition, OUTFRONT will contribute a one-month digital campaign to a charity selected by the contest winner.
OUTFRONT Media Inc. (NYSE:OUT) has launched an out-of-home (OOH) advertising campaign for National Hispanic Heritage Month, celebrating 30 influential Hispanic and Latinx leaders. The campaign features personalized ads with the phrase "Spirit of Orgullo," showcasing vibrant designs representative of diverse cultures. Rolled out across major markets with significant Hispanic populations, the initiative aligns with OUTFRONT's commitment to diversity and inclusion. Jodi Senese, CMO, emphasized the company's goal to empower communities and promote authenticity.
OUTFRONT Media has declared a quarterly cash dividend of $0.10 per share on its common stock. This dividend is payable on September 30, 2021, to shareholders of record as of the close of business on September 3, 2021. The company, which specializes in advertising through billboards and transit media, continues to leverage technology to enhance consumer engagement. This announcement reinforces OUTFRONT's commitment to returning value to its shareholders.
OUTFRONT Media reported strong results for Q2 2021, with organic revenues up 53% to $341 million, significantly recovering from pandemic lows. Adjusted OIBDA surged to $70 million, a fivefold increase. Key drivers included a 52.4% increase in billboard revenues, while total operating expenses rose 23.1%. Although the net loss narrowed to $0.9 million from $57.9 million a year earlier, the company anticipates recovery trends to continue, projecting billboard revenues to exceed pre-pandemic levels by Q3. A common dividend is set to resume.
OUTFRONT Media announced that Matthew Siegel, Executive Vice President & Chief Financial Officer, will present at the 2021 Oppenheimer 24th Annual Technology, Internet & Communications Conference. The event is scheduled for August 9, 2021, at 4:35 p.m. Eastern Time. A live and replay audio webcast will be accessible on the investor relations section of the company's website. OUTFRONT Media leverages technology and creativity to connect brands with consumers through a diverse range of billboard and transit assets across North America.
OUTFRONT Media Inc. (NYSE: OUT) will announce its fiscal quarter results for June 30, 2021 on August 5, 2021, post-market close. The announcement will be accessible in the Investor Relations section of their website, www.OUTFRONTmedia.com.
A conference call to discuss the results is scheduled for the same day at 4:30 p.m. ET, available at 800-458-4121 (U.S.) and 323-794-2093 (International), passcode 5283729. Live and replay webcasts will also be available on their website.
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