Outfront Media Inc Stock Price, News & Analysis

OUTFRONT Media (NYSE: OUT) has partnered with the National Down Syndrome Society (NDSS) to launch a digital billboard campaign during National Down Syndrome Awareness Week from March 15-21, 2025. The campaign, titled 'I Got That Extra', features five individuals with Down syndrome across different U.S. cities.

The initiative showcases successful professionals including: Angad Sahgal, an entrepreneur from Atlanta; Max Crawford, a gourmet spice blend business founder from St. Peter's; Julia Tyler, a lead pattern designer from Philadelphia; Craig Blackburn, an NFL team equipment manager from Metairie; and Sean Davis, a classroom aid from Houston.

Created by OUTFRONT STUDIOS, the company's in-house creative agency, the campaign aims to highlight the extra traits associated with chromosome 21 in people with Down syndrome while celebrating their community impact. The initiative aligns with NDSS's Employment Program, which focuses on increasing workforce access and providing resources for the Down syndrome community.

OUTFRONT Media (NYSE:OUT) announces comprehensive Women's History Month 2025 initiatives, featuring partnerships with Ad Age, The Female Quotient, and a special MOMENTS series. The campaign includes digital displays across MTA in New York and Brightline in Florida.

The MOMENTS series showcases three distinct programs: 'Women Artists Reimagining Self-Portraiture' in partnership with Artsy, Women's March Madness facts with Gallery Media Group and Ballplayers, and MoMA's feature of Louise Nevelson's 'Sky Cathedral.'

The Ad Age collaboration will display inspirational leaders' insights across U.S. digital billboards and transit locations, featuring QR codes linking to AdAge.com. A special event is scheduled for March 26 at OUTFRONT's New York headquarters. Additionally, OUTFRONT supports The Female Quotient's 'Invest in Women Daily' campaign in Times Square, focusing on addressing the funding gap for women-owned businesses.

OUTFRONT Media (NYSE: OUT) has announced that Matthew Siegel, Executive Vice President and Chief Financial Officer, will be presenting at the Morgan Stanley Technology, Media & Telecom Conference. The presentation is scheduled for March 3, 2025 at 7:05 p.m. Eastern Time.

Investors and interested parties can access both the live presentation and replay through the audio webcast available on the investor relations section of OUTFRONT's website at www.outfront.com.

OUTFRONT Media (NYSE: OUT) reported Q4 2024 results with revenues of $493.2 million, down 1.6% year-over-year, while organic revenues increased 3.9%. The company posted net income of $74.0 million with earnings per diluted share of $0.43.

Key segment performance:

• Billboard revenues: $374.6M (+2.0%)
• Transit revenues: $116.5M (+9.1%)

Notable metrics include operating income of $111.1M, Adjusted OIBDA of $155.2M, and AFFO of $118.7M. The company declared a quarterly dividend of $0.30 per share, payable March 31, 2025. Total indebtedness stood at $2.5B with available liquidity of $494.5M under revolving credit facility and $46.9M in unrestricted cash.

OUTFRONT Media (NYSE: OUT) has announced a quarterly cash dividend of $0.30 per share on its common stock. The dividend will be paid on March 31, 2025, to shareholders who are recorded as stockholders at the close of business on March 7, 2025.

OUTFRONT Media (NYSE: OUT) has appointed Nick Brien as Interim Chief Executive Officer, effective February 10, 2025. Brien, who currently serves on the company's Board of Directors, brings extensive industry experience from leadership roles at major advertising companies including Publicis, Dentsu, McCann Worldgroup, and IPG Mediabrands.

The appointment follows the retirement of Jeremy Male, who previously led the transformation of CBS Outdoor Americas into OUTFRONT Media and its successful IPO. Michael Dominguez has been named Chairman of the Board as of February 10, 2025.

As Interim CEO, Brien will work with the executive team while being considered alongside other candidates for the permanent role. CFO Matthew Siegel will take on expanded operational responsibilities during this transition. Brien aims to focus on enhancing out-of-home advertising's effectiveness, accelerating technological evolution, and building on the company's foundation of creativity and innovation.

OUTFRONT Media (NYSE: OUT) announces its 2025 Black History Month initiatives, featuring collaborations with Artsy and Ad Age. The company continues its third consecutive partnership with Ad Age for the Celebrating Black Creative Excellence feature, which launched February 3rd. The program includes a special essay by OUTFRONT Senior Art Director Shannon Bergeron and a panel discussion with industry leaders scheduled for February 26th at OUTFRONT's headquarters.

The company is also expanding its Moments in Culture OOH campaign in partnership with Artsy, featuring a series titled 'Rising Artists from Black-Owned Galleries.' The campaign will showcase emerging Black artists' works across OUTFRONT's digital and static assets in major transit systems nationwide, including NYC (MTA), Miami (Brightline), and San Francisco (BART/Caltrain/VTA).

OUTFRONT Media (NYSE: OUT) has announced its upcoming earnings report schedule for the fourth quarter and full year 2024. The company will release its financial results on Tuesday, February 25, 2025, after market close.

A conference call to discuss the results is scheduled for the same day at 4:30 p.m. Eastern Time. Investors can participate using the following dial-in numbers:

• U.S. callers: 833-470-1428
• International callers: 404-975-4839
• Passcode: 989395

Both live and replay versions of the conference call will be accessible through the Investor Relations section of OUTFRONT's website at www.outfront.com, where the earnings announcement will also be posted.

OUTFRONT Media announced that Jeremy Male, Chairman and CEO, will present at Wells Fargo's 8th Annual TMT Summit on Tuesday, December 3, 2024, at 4:30 p.m. Eastern Time. The presentation will be accessible via live and replay audio webcast through the investor relations section of OUTFRONT's website at www.outfront.com.