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年第三季度業績會議的摘要:
Financial Performance:
財務表現:
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報告2024年第三季度AFFO(調整後的營運資金)增長將近7%,達到8100萬美元。
美國媒體收入增長5%,由廣告牌增長4.8%和公交營收增長7.3%推動。
美國媒體調整後的OIBA增長11%,整體公司OIBDA增長約6%。
Business Progress:
業務進展:
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.
專注於純粹的美國媒體業務,之前出售了加拿大業務。
持續數字業績提升,收入增長10%,佔總收入的32%以上。
自動化收入增加,尤其是通過MTA的數字網絡。
Opportunities:
機會:
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.
在交通廣告中擴展自動化程序化能力,特別是在主要市場,如紐約的MTA。
數字廣告牌在美國各地的增長,完成了紐約MTA的初始數字部署。
Risks:
風險:
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.
由於與紐約MTA終止廣告牌合同和由於東南部風暴引起的更換延遲,營收面臨阻力。
可能會出現國家市場表現的變化,影響洛杉磯和紐約等地區。
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:本文由人工智能生成。內容準確性無法完全保證。如需更全面詳情,請參閱IR網站。本文僅供投資者參考,不具有任何指導或推薦建議。