Outfront Media Inc Stock Price, News & Analysis

OUTFRONT Media (NYSE:OUT) is intensifying its commitment to combat food insecurity by partnering with No Kid Hungry and The Farmlink Project. Throughout July and August, the company will provide out-of-home (OOH) advertising assets and creative services to raise awareness of the challenges faced by children without access to school meals during summer. Over 12 million American children face hunger annually, and OUTFRONT's initiatives aim to connect families with meal resources. The campaigns highlight the importance of summer meal programs and feature a bilingual text service for finding free meals.

OUTFRONT Media Inc. (NYSE: OUT) announced that Jeremy Male, Chairman and CEO, will present at the 50th Annual J.P. Morgan Global Technology, Media, and Communications Conference. This event is scheduled for May 23, 2022, at 2:30 p.m. Eastern Time. A live and replay audio webcast will be available on the company's investor relations website.

OUTFRONT Media operates one of North America's largest and most diverse networks of outdoor advertising assets, utilizing technology to enhance advertising engagement.

OUTFRONT Media Inc. (NYSE: OUT) has announced the acquisition of billboard and business support assets in Portland, Oregon and Clark County, Washington from Pacific Outdoor Advertising for an undisclosed cash amount. The transaction includes 211 large-format static displays, 21 digital displays, 709 posters, and 15 walls. This acquisition marks OUTFRONT's entry into the growing Portland market, which has moved up in Nielsen rankings. The company aims to expand its presence on the West Coast and enhance its advertising inventory.

OUTFRONT Media Inc. reported Q1 2022 revenues of $373.5 million, a 44% year-over-year increase. Billboard revenues rose 33.4% to $298.2 million, benefiting from high demand as COVID-19 restrictions eased. Operating income improved to $28.5 million, up from a loss of $31 million in Q1 2021. The company posted a net loss of $0.1 million, significantly better than last year's $67.7 million. Adjusted OIBDA increased to $70.2 million. A dividend of $0.30 per share will be payable on June 30, 2022.

OUTFRONT Media Inc. (NYSE: OUT) has declared a quarterly cash dividend of $0.30 per share, payable on June 30, 2022, to shareholders of record on June 3, 2022. This announcement highlights the company's ongoing commitment to returning value to its shareholders. OUTFRONT Media operates one of the largest billboard and transit advertising networks in North America, leveraging technology and creativity to connect brands with consumers effectively.

OUTFRONT Media Inc. (NYSE: OUT) will announce its fiscal Q1 2022 results on May 2, 2022, after market close. The earnings will be available on the company's website. A conference call to discuss these results is scheduled for the same day at 4:30 p.m. ET, accessible via numbers 800-263-0877 (U.S.) and 646-828-8143 (International), with the passcode 3050946. The call will also be webcast live and available for replay on the company’s website.

Clinch has partnered with OUTFRONT Media (NYSE:OUT) to enhance digital-out-of-home (DOOH) advertising through dynamic creative optimization. This collaboration allows brands to execute contextually relevant campaigns on OUTFRONT's digital boards, which exceed 1,200 locations across 42 markets. The innovative platform enables retailers and brands to easily incorporate product feeds and personalize ads based on various factors like availability and location. This partnership aims to streamline the advertising process, making DOOH as efficient and flexible as other digital channels.

OUTFRONT Media Inc. (NYSE: OUT) announced that CEO Jeremy Male will present at the 2022 Deutsche Bank Media, Internet & Telecom Conference on March 15, 2022, at 9:35 a.m. Eastern Time. A live and replay audio webcast will be available on the company's investor relations website. OUTFRONT Media is known for its extensive billboard, transit, and mobile advertising assets in North America, aimed at connecting brands with consumers through innovative technology and creative solutions.

OUTFRONT Media Inc. (NYSE: OUT) reported that Providence Equity Partners has converted all 275,000 shares of Series A Convertible Perpetual Preferred Stock into 17,388,024 shares of common stock, effective March 1, 2022. This strategic move reflects confidence in OUTFRONT's business execution and value creation for stakeholders. CEO Jeremy Male expressed satisfaction with the conversion, noting the improved stock performance and enhanced shareholder engagement. Providence's continued involvement ensures a strong partnership moving forward.