Our management believes users of our financial data are best served if the information that is made available to them allows them to align their analysis and evaluation of our operating results along the same lines that our management uses in managing, planning and executing our business strategy. At Outfront Media Inc., we promise to treat your data with respect and will not share your information with any third party. We calculate organic revenues as reported revenues excluding revenues associated with a disposition and the impact of foreign currency exchange rates ("non-organic revenues"). OUTFRONT Media Inc. (NYSE: OUT) today reported results for the quarter ended September 30, 2020. Interest Expense Net Interest expense was $34.2 million , including amortization of deferred financing costs of $1.8 million , as compared to $33.9 million in the same prior-year period, including amortization of deferred financing costs of $1.9 million . Investor Relations Global Contacts Outfront Media Inc OUT Morningstar Rating Rating as of Oct 12, 2020. Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by Outfront Media Inc.. Shares of OUTFRONT Media have depreciated 25.2%, while the industry has lost 4.2% during this period. NEW YORK, Oct. 12, 2020 /PRNewswire/ -- OUTFRONT Media Inc. (NYSE: OUT) announced today that it will report results for the quarter ended September 30, 2020 after the market closes on Wednesday, November 4, 2020.The earnings announcement will be available in the Investor Relations section of the … AFFO attributable to OUTFRONT Media Inc. was $27.7 million , a decrease of $64.9 million , or 70.1%, compared to $92.6 million in the same prior-year period, due primarily to lower net income. You can also identify forward-looking statements by discussions of strategy, plans or intentions related to our capital resources, portfolio performance and results of operations, including but not limited to the impact of the COVID-19 pandemic on our capital resources, portfolio performance and results of operations. By mail: Corporate Office Lamar Advertising Company Attn: Investor Relations 5321 Corporate Boulevard Baton Rouge, LA 70808 By phone/email: … The Investor Relations website contains information about Stepan Company's business for stockholders, potential investors, and financial analysts. All forward-looking statements in this document apply as of the date of this document or as of the date they were made and, except as required by applicable law, we disclaim any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors of new information, data or methods, future events or other changes. ", Net Income (loss) before allocation to non-controlling interests. *SOURCE: GEOPATH, 2020 Adjustments to reconcile net income to net cash flow provided by operating activities: Amortization of deferred financing costs and debt discount and premium, Cash paid for direct lease acquisition costs. Organic revenues exclude revenues associated with a disposition and the impact of foreign currency exchange rates ("non-organic revenues"). SG&A expenses in the U.S. Media segment increased $23.0 million, or 12%, in 2019 compared to 2018, primarily due to higher compensation and other employee-related costs, higher professional fees and higher bad debt expense. In order to preserve financial flexibility and liquidity in light of the current uncertainty in the global economy resulting from the COVID-19 pandemic, our board of directors has suspended our quarterly dividend on our common stock but expects to meet our minimum annual 2020 REIT distribution requirements. Our management also believes that the presentations of Adjusted OIBDA and Adjusted OIBDA margin, as supplemental measures, are useful in evaluating our business because eliminating certain non-comparable items highlight operational trends in our business that may not otherwise be apparent when relying solely on GAAP financial measures. We calculate Adjusted OIBDA margin by dividing Adjusted OIBDA by total revenues. Through its technology platform, OUTFRONT will fundamentally change the ways advertisers engage audiences on-the-go. U.S. Media Reported and organic revenues of $265.8 million decreased $156.9 million , or 37.1%, due primarily to a decrease in yield resulting from the impact of COVID-19 on customer advertising expenditures and overall demand for our services. Net loss attributable to OUTFRONT Media Inc. of $13.5 million , $0.14 per diluted share, AFFO attributable to OUTFRONT Media Inc. of $27.7 million. Gregory Lundberg - Investor Relations. Remove data columns and navigations in order to see much more filing content and tables in one view, Read both hidden opportunities and early signs of potential problems without having to find them in a 10-K/Q, Export Annual and Quarterly Reports to Adobe PDF, Microsoft Word and Excel for offline viewing, annotations and analysis, Get one-click access to balance sheets, income, operations and cash flow statements without having to find them in Annual and Quarterly Reports, Our Intrinsic Value calculator estimates what an entire company is worth using up to 10 years of financial ratios to determine if a stock is overvalued or not, Our Financial Stability reports uses up to 10 years of financial ratios to determine the health of a company's EPS, Dividends, Book Value, Return on Equity, Current Ratio and Debt-to-Equity, See how over 70 Growth, Profitability and Financial Ratios perform over 10 Years, or     In addition, these measures do not necessarily represent funds available for discretionary use and are not necessarily a measure of our ability to fund our cash needs. We calculate and define "Adjusted OIBDA" as operating income (loss) before depreciation, amortization, net (gain) loss on dispositions, stock-based compensation and restructuring charges. AFFO also includes cash paid for maintenance capital expenditures since these are routine uses of cash that are necessary for our operations. source: amny, cision, 2019, weare8. In June 2020, Nexstar marked 24 years of excellence in local programming and service since Perry A. Sook founded the company. As of September 30, 2020 , the maximum number of shares of our common stock that could be required to be issued on conversion of the outstanding shares of the Series A Preferred Stock was 25.0 million shares. OUTFRONT Media Inc. (NYSE: OUT) announced today that it will report results for the quarter ended June 30, 2020 after the market closes on Wednesday, August 5, 2020. Information and resources about the performance of Dun & Bradstreet. We found that English is the preferred language on Investor OUTFRONT Media … Please wait while we load the requested 10-K report or click the link below: https://last10k.com/sec-filings/report/1579877/000157987720000038/a20191231-10xkxoutfront.htm. SG&A expenses decreased $11.6 million , or 20.2%, due primarily to lower compensation-related costs and lower professional fees, partially offset by a higher provision for doubtful accounts. These decreases were driven by lower billboard and transit revenues due to the impact of COVID-19 on customer advertising expenditures and overall demand for our services, the impact of modifications to agreements with our landlords and transit franchise partners, the disposition of our Sports Marketing operating segment and lower costs related to third-party digital equipment sales. We provide organic revenues to understand the underlying growth rate of revenue excluding the impact of non-organic revenue items. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the ‘unsubscribe’ section below. Adjusted OIBDA and Adjusted OIBDA margin are among the primary measures we use for managing our business, evaluating our operating performance and planning and forecasting future periods, as each is an important indicator of our operational strength and business performance. Organic billboard revenues decreased 23.0% for the same reasons. We are OUTFRONT. Operating expenses decreased $72.2 million , or 33.1%, due primarily to lower transit franchise expense, lower billboard property lease expense, and lower posting, maintenance and other expenses. Total Operating expenses of $155.8 million decreased $89.7 million , or 36.5%, due primarily to lower transit franchise expense, lower posting, maintenance and other expenses, and lower billboard property lease expense. You can identify forward-looking statements by the use of forward-looking terminology such as "believes," "expects," "could," "would," "may," "might," "will," "should," "seeks," "likely," "intends," "plans," "projects," "predicts," "estimates," "forecast" or "anticipates" or the negative of these words and phrases or similar words or phrases that are predictions of or indicate future events or trends and that do not relate solely to historical matters. Diluted weighted average shares outstanding were 144.4 million compared to 144.2 million for the same prior-year period. The conference call numbers are 888-394-8218 (U.S. callers) and 856-344-9221 (International callers) and the passcode for both is 4832171. In 2020, Restructuring charges relate to severance associated with workforce reductions made in response to the COVID-19 pandemic and includes stock-based compensation expenses of $0.9 million. Contact Investor Relations Please contact our Investor Relations department with questions or for additional information about Lamar Advertising Company. 2021-01-28 16:40:002021-01-28 16:41:00UTCQ4 2020 & FY 2020 Revenues - JCDecauxRevenues will be published post market.France Find the latest SEC Filings data for OUTFRONT Media Inc. Common Stock (OUT) at Nasdaq.com. Investor Relations. Questions about our business or financial statements can be directed to Gregory Lundberg, Investor Relations, at 212-297-6400 or investor@OUTFRONTmedia.com. The action is based on the rating agency's expectation that a fall in advertising spending will increase the company's leverage above its 5.5x downgrade threshold over the next year.. Adjusted OIBDA of $3.2 million decreased $1.1 million , or 25.6%, compared to $4.3 million in the same prior-year period. Cautionary Statement Regarding Forward-Looking Statements We have made statements in this document that are forward-looking statements within the meaning of the federal securities laws, including the Private Securities Litigation Reform Act of 1995. Information and resources about the performance of Dun & Bradstreet. we can’t guarantee that any other campaign will drive similar results, including increased traffic, end-user activity (click-through or secondary-action rates), or revenue. PRIOR PERIOD PRESENTATION CONFORMS TO CURRENT REPORTING CLASSIFICATIONS. OUTFRONT Media Inc. (NYSE: OUT) announced today that it will report results for the quarter ended September 30, 2020 after the market closes on Wednesday, November 4, 2020. OUTFRONT Media Inc. (NYSE: OUT) today reported results for the quarter ended March 31, 2020. 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Schedule Of Estimated Future Benefit Payments (Details), Income Taxes - Schedule Of Income (Loss) Before Income Tax, Domestic And Foreign (Details), Income Taxes - Book Income To Reit Taxable Income Reconciliation (Details), Income Taxes - Schedule Of Components Of Income Tax Expense (Benefit) (Details), Income Taxes - Schedule Of Effective Income Tax Rate Reconciliation (Details), Income Taxes - Schedule Of Deferred Tax Asset And Liability (Details), Commitment And Contingencies - Narrative (Details), Commitment And Contingencies - Contractual Obligation, Fiscal Year Maturity Schedule (Details), Commitment And Contingencies - Mta Agreement (Details), Segment Information - Narrative (Details), Segment Information - Reconciliation Of Revenue From Segments To Consolidated (Details), Segment Information - Adjusted Oibda By Segment And Reconciliation To Consolidated Net Income (Details), Segment Information - Reconciliation Of Assets From Segment To Consolidated (Details), Segment Information - Schedule Of Revenue From External Customers By Geographic Location (Details), Segment Information - Long Lived Assets By Geographic Areas (Details), Condensed Consolidating Financial Information -Narrative (Details), Condensed Consolidating Financial Information -Condensed Balance Sheets (Details), Condensed Consolidating Financial Information -Condensed Income Statements (Details), Condensed Consolidating Financial Information -Condensed Cash Flow Statement (Details), Quarterly Financial Data (Unaudited) - Quarterly Financial Information (Details), Ii - Valuation And Qualifying Accounts (Details), Iii - Schedule Of Real Estate And Accumulated Depreciation (Details), Exhibit 4.5: Instruments Defining The Rights Of Security Holders, Including Indentures, Exhibit 21.1: Subsidaries Of The Registrant, Exhibit 23.1: Consents Of Experts And Counsel, Exhibit 31.1: Rule 13A-14(A)/15D-14(A) Certification, Exhibit 31.2: Rule 13A-14(A)/15D-14(A) Certification, https://last10k.com/sec-filings/out/0001579877-20-000038.htm. Investor Relations Global Contacts Outfront Media Inc OUT Morningstar Rating Rating as of Oct 12, 2020. Supplemental Materials In addition to this press release, we have provided a supplemental investor presentation which can be viewed on our website, www.OUTFRONTmedia.com . Additionally, we expect transit franchise expenses, billboard property lease expenses and posting, maintenance and other expenses, such as rental expenses and transit franchise payments, to materially increase as a percentage of revenues more than historical levels, as revenues decline in 2020. source: outfront mobile network, 2019 disclaimer: of course, the result of any case study are specific to its facts. We expect the impacts described above to be greatest in the second quarter of 2020, with incremental improvement  in the third and fourth quarters of 2020. Outfront Media (OUT) came out with quarterly funds from operations (FFO) of $0.19 per share, beating the Zacks Consensus Estimate of $0.12 per … The earnings announcement will be available in the Investor Relations section of the Company's website, www.OUTFRONTmedia.com. In the nine months ended September 30, 2020, non-organic revenues exclude the impact of the sale of all of our equity interests in certain of our subsidiaries (the "Sports Disposition"), which held all of the assets of our Sports Marketing operating segment. In order to preserve financial flexibility, increase liquidity and reduce expenses in light of the current uncertainty in the global economy and our business resulting from the COVID-19 pandemic, we undertook the following actions, among others: repaid in full all borrowings under the revolving credit facility as of June 30, 2020 , using the net proceeds from the offering of new senior notes and cash on hand, issued and sold $400.0 million of  Series A Preferred Stock and $400.0 million aggregate principal amount of new senior notes, amended the credit agreement governing the revolving credit facility to modify the calculation of our financial maintenance covenant ratio, suspended our quarterly dividend payments on our common stock, suspended or delayed our deployment of digital transit displays, and reduced capital expenditures and expenses through cost-savings initiatives.