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OUTFRONT Media Inc. (OUT) Q3 2024 Earnings Call Transcript Summary

OUTFRONT Media Inc. (OUT) Q3 2024 Earnings Call Transcript Summary

outfront media inc.(OUT)2024年第三季度业绩会财报摘要
富途资讯 ·  2024/11/12 09:25  · 电话会议

The following is a summary of the OUTFRONT Media Inc. (OUT) Q3 2024 Earnings Call Transcript:

以下是outfront media inc.(OUT)2024年第三季度业绩会议的摘要:

Financial Performance:

财务表现:

  • OUTFRONT Media reported Q3 2024 AFFO (Adjusted Funds From Operations) growth of nearly 7% to $81 million.

  • U.S. Media revenue grew 5%, driven by billboard growth of 4.8% and transit revenue growth of 7.3%.

  • U.S. Media adjusted OIBDA increased by 11%, with an overall corporate OIBDA increase of about 6%.

  • OUTFRONT Media报告2024年第三季度AFFO(调整后的营运资金)增长将近7%,达到8100万美元。

  • 美国媒体收入增长5%,由广告牌增长4.8%和公交营收增长7.3%推动。

  • 美国媒体调整后的OIBA增长11%,整体公司OIBDA增长约6%。

Business Progress:

业务进展:

  • Focus on purely U.S. Media business following the divestiture of Canadian operations.

  • Continued digital performance improvements with 10% revenue growth, representing over 32% of total revenues.

  • Increased automated revenues, particularly through the MTA's digital network.

  • 专注于纯粹的美国媒体业务,之前出售了加拿大业务。

  • 持续数字业绩提升,收入增长10%,占总收入的32%以上。

  • 自动化收入增加,尤其是通过MTA的数字网络。

Opportunities:

机会:

  • Expansion of automated programmatic capabilities in transit advertising, notably in major markets such as the MTA in New York.

  • Growth in digital billboards across the U.S., with a completion of initial digital deployment in the New York MTA.

  • 在交通广告中扩展自动化程序化能力,特别是在主要市场,如纽约的MTA。

  • 数字广告牌在美国各地的增长,完成了纽约MTA的初始数字部署。

Risks:

风险:

  • Revenue headwinds from the termination of the billboard contract with the New York MTA and replacement delays due to Southeast storms.

  • Potential variation in national marketplace performance affecting regions like Los Angeles and New York.

  • 由于与纽约MTA终止广告牌合同和由于东南部风暴引起的更换延迟,营收面临阻力。

  • 可能会出现国家市场表现的变化,影响洛杉矶和纽约等地区。

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

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