Check out these quarterly report overviews that SignValue has put together for Lamar and Outfront for the second quarter of this year.
Lamar Q2 Report Infographic Outfront 2021 Q2 Report InfographicBoth companies display a positive increase in revenue and negative increase in site lease expense. This is a trend that we also observed with Clear Channel earlier this month. Digital is on the move and displaying substantial growth from both Lamar and Outfront. Lamar executives have highlighted that airport and transit revenues are making a comeback, and that they are expecting 2022 to be the high watermark for margins in the history of the company. Outfront is banking on the growth of entertainment and movies to keep their revenues rising in the back half of the year. For updates every quarter, stay tuned and remember to read our weekly newsletter on Mondays.