Outfront Media Inc Stock Price, News & Analysis

OUTFRONT Media Inc. (NYSE: OUT) will report its quarterly results for the period ending September 30, 2020 on November 4, 2020, after market closure. A conference call will be held the same day at 4:30 p.m. Eastern Time to discuss these results. U.S. callers can join at 888-394-8218 while international participants can call 856-344-9221, using passcode 4832171. The results and subsequent conference call will be available on the OUTFRONT Media Investor Relations website.

OUTFRONT Media Inc. (NYSE: OUT) has extended the submission deadline for its second annual OUTFRAME competition to October 7, 2020. The theme for this year's contest is 'out of love.' The winner will be announced following the presidential election on November 3, and their artwork will be showcased on digital out of home (OOH) platforms nationwide during November. Additionally, the winner's chosen charity will benefit from a one-month digital OOH campaign in January.

OUTFRONT Media Inc. (NYSE: OUT) has announced the completion of the sale of its Sports Marketing operating segment to Playfly Sports. This segment holds marketing and multimedia rights for various colleges and universities across the United States. The strategic move follows OUTFRONT's focus on leveraging technology and creativity to connect brands with consumers through its expansive outdoor advertising assets.

OUTFRONT Media Inc. (NYSE: OUT) announced that its CEO, Jeremy Male, will present at the Goldman Sachs 29th Annual Communacopia Conference on Wednesday, September 16, 2020, at 2:55 p.m. Eastern Time. A live and replay audio webcast of the session will be accessible on the company's investor relations website. OUTFRONT Media utilizes technology and creativity to connect brands with consumers through a diverse range of billboard, transit, and mobile assets across North America.

OUTFRONT Media Inc. (NYSE: OUT) has launched 'MOMENTS by OUTFRONT,' a new content platform aimed at enhancing commuter experiences in New York City. The initiative provides engaging editorial-style content specifically designed for subway riders, featuring partnerships with notable brands like Tennis Channel and MoMA. This platform incorporates creative advertising and real-time updates, utilizing OUTFRONT's advanced digital capabilities. MOMENTS will include various content categories such as sports, art, and weather, with plans for further nationwide expansion.

OUTFRONT Media Inc. (NYSE: OUT) is hosting its second annual OUTFRAME competition, inviting artists to submit works based on the theme 'out of love.' The contest, which emphasizes creativity and social impact, aims to showcase these artworks on digital billboards across the U.S. in November. The winner will receive a month-long digital out-of-home (OOH) campaign for a charity of their choice. A panel of esteemed judges, including last year's winner Ryan Artell and Peter Tunney, will evaluate submissions. Entries can be submitted through the competition's official website.

OUTFRONT Media reported second quarter 2020 revenues of $232.9 million, a 49.4% decline from $459.9 million in Q2 2019, primarily due to COVID-19's impact on advertising. Operating income fell to a loss of $25.9 million, with net loss attributable to the company at $57.9 million, compared to a profit of $50.3 million in the same period last year. Adjusted OIBDA decreased 84.9% to $21.7 million. Liquidity remains strong with $647.8 million in cash. The company suspended its quarterly dividend to preserve financial flexibility amid challenging market conditions.

OUTFRONT Media Inc. (NYSE: OUT) announced that Matthew Siegel, Executive Vice President & Chief Financial Officer, will present at the Oppenheimer 23rd Annual Technology, Internet & Communications Conference on August 11, 2020, at 8:50 a.m. Eastern Time. A live audio webcast will be available on the company's investor relations website. OUTFRONT Media connects brands with consumers through diverse billboard, transit, and mobile advertising assets across North America, utilizing technology to enhance audience engagement.

OUTFRONT Media Inc. (NYSE: OUT) will announce its quarterly results for the period ending June 30, 2020, after market close on August 5, 2020. Investors can access the earnings announcement via the Investor Relations page on its website, www.OUTFRONTmedia.com. A conference call will take place on the same day at 4:30 p.m. ET, with dial-in numbers for U.S. and international callers provided. The call will also be available through a live and replay webcast on the company’s site.