Outfront Media Inc Expected To Post Earnings Of 21 Cents A Share: Earnings Preview
03/08/2024 03:03
* OUTFRONT Media Inc OUT.N OUT is expected to show a
rise in
quarterly revenue when it reports results on August 6 for the
period ending June 30 2024
* The New York City-based company is expected to report a
3.2% increase in revenue to $483.602 million from $468.8 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.
* LSEG's mean analyst estimate for OUTFRONT Media Inc is
for
earnings of 21 cents per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"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 $17.00, above its last closing price of $15.03.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Mar. 31 2024 -0.11 -0.12 -0.18 Missed -55.7
Dec. 31 2024 0.33 0.36 0.40 Beat 10.3
Sep. 30 2023 0.13 0.13 0.09 Missed -32.7
Jun. 30 2023 0.23 0.24 0.19 Missed -19.3
Mar. -0.12 -0.19 -60.7
31 2023
Dec. 31 2022 0.37 0.37 0.34 Missed -8.4
Jan. 1 0001 0.23 0.25 0.23 Missed -6.8
Jun. 30 2022 0.24 0.24 0.28 Beat 14.8
This summary was machine generated August 3 at 02:03 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)