OUTFRONT Media Inc. (OUT) Q3 2024 Earnings Call Transcript Summary
OUTFRONT Media Inc. (OUT) Q3 2024 Earnings Call Transcript Summary
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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译文内容由第三方软件翻译。