Outfront Media Inc Expected To Post A Loss Of 12 Cents A Share: Earnings Preview

Outfront Media

02/05/2023 03:05

* OUTFRONT Media Inc  OUT.N   OUT  is expected to show a
rise in
quarterly revenue when it reports  results on May 3. 
    * The New York City-based  company is expected to report  a
2.8% increase in revenue to $383.8 million from $373.5 million a
year ago, according to the mean estimate from 3 analysts, based
on Refinitiv data. The company's guidance on February 22 2023,
for the period ended March 31, was for revenue between $377.24
million and $384.71 million.
    * ​Refinitiv's mean analyst estimate for OUTFRONT Media Inc
is for
a loss of 12 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 5 "strong buy" or
"buy," 1 "hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for OUTFRONT
Media
Inc is $25​, above​ its last closing price of $16.81. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.37        0.37       0.34      Missed  -8.4
 Sep. 30 2022  0.23        0.25       0.23      Missed  -6.8
 Jun. 30 2022  0.24        0.24       0.28      Beat    14.8​
 Mar. 31 2022  -0.08       -0.08      -0.04     Beat    48.2
 ​​Dec.        0.25        0.24       0.41      Beat    68
 31 2021                                                
 Sep. 30 2021  0.05        0.05       0.18      Beat    300​
 Jun. 30 2021  -0.13       -0.11      -0.05     Beat    56.1
 Mar. 31 2021  -0.44       -0.43      -0.52     Missed  -20.3
 This summary was machine generated May 2 at 02:05 GMT.  All
figures in US dollars  unless otherwise stated