A Comparison of 2022 Q4 Financial Reports from Lamar, Outfront, and Clear Channel.

Lamar reported a strong 2022 Q4 financial performance, with a total revenue of $535 million, an increase of 8% compared to 2021 Q4. Lamar’s operating income was $110 million, a decrease of 26% compared to the previous year’s Q4. The company’s net income was $439 million, a 13% increase compared to the previous year’s Q4.

Outfront Media also reported a strong 2022 Q4 financial performance, with a total revenue of $495 million, an increase of 6% compared to the previous year’s Q4. Outfront Media’s operating income was $105 million, nearly unchanged compared to the previous year’s Q4. The company’s net income was $59 million, a 16% decrease compared to the previous year’s Q4.

Clear Channel Outdoor reported a total revenue of $357 million for the 2022 Q4, a 2.1% increase compared to the previous year’s Q4. The company’s digital revenue was $157.5 million, an increase of 2% compared to the previous year’s Q4. Clear Channel Outdoor’s operating income was $27 million, a 51% decrease compared to the previous year’s Q4. The company’s net income was $99.4 million, an increase of 51% compared to the previous year’s Q4.

Lamar was the most successful of the three companies in Q4 2022, with higher total revenue, operating income, and net income compared to Outfront Media and Clear Channel Outdoor. Outfront Media’s performance was steady compared to the previous year, while Clear Channel Outdoor experienced significant decreases in operating income and net income. These results indicate that Lamar has been strategic and successful in their focus on digital transformation, while Outfront Media and Clear Channel Outdoor may need to adjust their strategies to remain competitive.