Brief: OUTFRONT Media Q2 EPS USD 0.1

Outfront Media

05/08/2025 21:07

Overview

OUTFRONT Media Q2 revenue dips 3.6% yr/yr, missing analyst expectations

Net income for Q2 declines 89% yr/yr, reflecting restructuring impact

Company restructures sales function to drive future growth

Outlook

Company expects SG&A expenses to decline through first half of 2026

Result Drivers

RESTRUCTURING EFFORTS - Company restructured its sales function and leadership to drive future growth, per Interim CEO Nick Brien

BILLBOARD SEGMENT - Revenue decreased due to lost billboards, partially offset by higher average revenue per display

TRANSIT SEGMENT - Revenue increased due to higher average revenue per display, despite new and lost contracts

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$460.20 mln
$461.30 mln (6 Analysts)
Q2 EPS
$0.1
Q2 Net Income
$19.50 mln
Q2 Adjusted FFO
$85.30 mln
Q2 FFO
$70.40 mln
Q2 Operating Income
$56.20 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the specialized reits peer group is "buy"

Wall Street's median 12-month price target for OUTFRONT Media Inc is $19.00, about 5.5% above its August 4 closing price of $17.95

The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 17 three months ago

Press Release: ID:nPnbhS1P5a

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)