Outfront Media Inc Expected To Post A Loss Of 12 Cents A Share: Earnings Preview
30/04/2024 23:28
* OUTFRONT Media Inc OUT.N OUT is expected to show a
rise in
quarterly revenue when it reports results on May 2 for the
period ending January 1 0001
* The New York City-based company is expected to report a
3.9% increase in revenue to $411.348 million from $395.8 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.The company's guidance on February 21 2024,
for the period ended March 31, was for revenue between $403.72
million and $415.59 million.
* LSEG'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 "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"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 $18.00, above its last closing price of $15.86.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Dec. 31 2023 0.62
Sep. 30 2023 0.45 0.46 0.46 Met 1.1
Jun. 30 2023 0.50 0.50 0.47 Missed -6
Mar. 31 2023 0.13 0.14 0.05 Missed -63
Dec. 0.53 0.53 0.56 Beat 5.7
31 2022
Sep. 30 2022 0.62 0.55 0.54 Missed -2.3
Jan. 1 0001 0.42 0.39 0.57 Beat 46.2
Mar. 31 2022 0.20
This summary was machine generated April 30 at 22:28 GMT. All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)