SignValue’s latest analysis of Clear Channel Outdoor’s Q3 2024 results highlights consolidated revenue of $559.0 million, reflecting 6.1% year-over-year growth across all business segments. Clear Channel’s revenue growth is driven primarily by an 11.4% revenue increase in their Europe-North Segment and a 9.0% revenue increase in their Airports Segment.
Clear Channel’s Americas digital revenues grew by 8.4% YoY to $105.8 million, or approximately 36.1% of total America billboard revenue.
Overall, Clear Channel has had a very impressive quarter. They have become more disciplined with site lease expenses, with a notable decrease, and they have notched a big win with the New York MTA Roadside Bulletin program.
SignValue’s Role in the OOH Industry: As a trusted advisor in billboard valuation and consulting, SignValue is committed to helping clients navigate the evolving OOH landscape. Our expertise includes:
Brokerage Services: Assisting clients in buying, selling, and leasing OOH advertising assets to achieve optimal financial outcomes.
Asset Valuation: Providing precise and actionable insights into the value of advertising properties.
Lease Portfolio Management: Helping landowners maximize the value of their billboard lease interests.
SignValue stands ready to support clients in achieving success in this dynamic sector.
For more information on how we can assist with your OOH advertising needs, contact us at [email protected] or (480) 657-8400.