Last $34.28 USD
Change Today -0.01 / -0.03%
Volume 801.6K
CBSO On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 8:04 PM 08/20/14 All times are local (Market data is delayed by at least 15 minutes).

cbs outdoor americas inc (CBSO) Snapshot

Open
$34.12
Previous Close
$34.29
Day High
$34.53
Day Low
$34.08
52 Week High
06/26/14 - $35.69
52 Week Low
04/11/14 - $27.88
Market Cap
4.1B
Average Volume 10 Days
1.3M
EPS TTM
--
Shares Outstanding
120.0M
EX-Date
09/5/14
P/E TM
--
Dividend
$1.48
Dividend Yield
1.08%
Current Stock Chart for CBS OUTDOOR AMERICAS INC (CBSO)

cbs outdoor americas inc (CBSO) Related Businessweek News

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cbs outdoor americas inc (CBSO) Details

CBS Outdoor Americas Inc. leases advertising space on out-of-home advertising structures and sites in the United States, Canada, and Latin America. Its portfolio primarily consists of billboard displays, which are principally located in densely populated major metropolitan areas, and along high-traffic expressways and commuting routes. The company also provides other value-added services, such as pre-campaign category research, creative design support, and post-campaign tracking and analytics. CBS Outdoor Americas Inc. serves a range of companies in the entertainment, retail, healthcare, telecom, restaurant, financial services, travel and leisure, and automotive industries. As of December 31, 2013, it had approximately 330,000 displays in the United States, and approximately 26,200 displays in Canada and Latin America. The company is headquartered in New York, New York. CBS Outdoor Americas Inc. (NYSE:CBSO) operates independently of CBS Corporation as of July 16, 2014.

2,330 Employees
Last Reported Date: 07/7/14

cbs outdoor americas inc (CBSO) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $1.7M
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $67.5K
Chief Administrative Officer, Executive Vice ...
Total Annual Compensation: $864.7K
Executive Vice President and General Counsel
Total Annual Compensation: $595.3K
Advisor
Total Annual Compensation: $1.4M
Compensation as of Fiscal Year 2013.

cbs outdoor americas inc (CBSO) Key Developments

CBS Outdoor Americas Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

CBS Outdoor Americas Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported revenues of $334.4 million increased $1.7 million, or 0.5%, on a reported basis and increased $5.3 million, or 1.6%, on a comparable basis for the second quarter of 2014 as compared to the same prior-year period. Adjusted OIBDA of $110.3 million in the second quarter of 2014 increased $2.4 million or 2.2%. Net income attributable to common shareholders was $22.4 million in the second quarter of 2014, a $14.0 million decline from the second quarter of 2013. Net income per diluted share was $0.19 against $0.30 a year ago.FFO was $66.4 million in the second quarter of 2014, a decrease of 16.4% from the same prior-year period. AFFO was $58.0 million in the second quarter of 2014, a decrease of 23.0% from the same prior-year period due to higher interest costs and incremental stand-alone costs in 2014. On a comparable basis, FFO increased 2.0% and AFFO decreased 6.8% in the second quarter of 2014. The decline in AFFO in the second quarter of 2014 versus the same period in 2013, on a comparable basis, was primarily due to the differences in depreciation and stock-based compensation tax deductions between years. Operating income was $58.3 million against $62.8 million a year ago. Income before provision for income taxes and equity in earnings of investee companies was $39.8 million against $62.7 million a year ago. Capital expenditures were $19.1 million against $14.9 million a year ago. FFO per adjusted diluted share was $0.55 per share and $0.54 per share on a comparable basis for the three months ended June 30, 2014 and 2013, respectively. AFFO per adjusted share was $0.48 per share and $0.52 per share on a comparable basis for the three months ended June 30, 2014 and 2013, respectively. For the six months, the company reported total revenue of $453.0 million against $446.7 million a year ago. Operating income was $85 million against $97.5 million a year ago. Net income of $30.8 million or $0.26 diluted earnings per share against $56.3 million or $0.47 diluted earnings per share a year ago. Income before provision for income taxes and equity in earnings of investee companies was $53.5 million against $97.2 million a year ago. Net cash provided by operating activities was $64.8 million against $69.8 million a year ago. Capital expenditures were $19.1 million against $14.9 million a year ago. Adjusted OIBDA was $185.9 million against $179.5 million on a comparable basis a year ago. Adjusted OIBDA margin was 29.9% against 29.3% a year ago. FFO was $116.7 million against $136.5 million a year ago. AFFO was $98.8 million against $121.8 million a year ago. FFO per adjusted diluted share was $0.97 per share and $0.94 per share on a comparable basis for the six months ended June 30, 2014 and 2013, respectively. AFFO per adjusted diluted share was $0.82 per diluted share and $0.83 per share on a comparable basis for the six months ended June 30, 2014 and 2013, respectively.

CBS Outdoor Americas Inc Appoints Susan M Tolson as Independent Director

CBS Outdoor Americas Inc. announced that it has elected Susan M Tolson as an independent director to its board, as of 5 August 2014. With wide investment and media-industry expertise, Tolson currently serves as a director of Lagardre Groupe.

CBS Outdoor Americas Inc. Approves Quarterly Dividend, Payable on September 30, 2014

CBS Outdoor Americas Inc. announced that its board of directors has approved a quarterly dividend on the company's stock of $0.37 per share. The dividend is payable on September 30, 2014, to stockholders of record on September 9, 2014.

 

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Company Last Change
Clear Channel Outdoor Holdings Inc $7.00 USD -0.03
JCDecaux SA €26.03 EUR +0.385
Lamar Advertising Co $51.45 USD +0.07
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Industry Analysis

CBSO

Industry Average

Valuation CBSO Industry Range
Price/Earnings 38.9x
Price/Sales 3.1x
Price/Book 3.0x
Price/Cash Flow 13.1x
TEV/Sales 1.8x
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