Outfront Media Inc Expected To Post Earnings Of 37cents A Share: Earnings Preview

Outfront Media

21/02/2023 02:57

* OUTFRONT Media Inc  OUT.N   OUT  is expected to show a
rise in
quarterly revenue when it reports  results on February 22. 
    * The New York City-based  company is expected to report  a
6.6% increase in revenue to $495.367 million from $464.5 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. The company's guidance on November 3
2022, for the period ended December 31, was for revenue between
$487.73 million and $501.66 million.
    * ​Refinitiv's mean analyst estimate for OUTFRONT Media Inc
is for
earnings of 37 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 $26​, above​ its last closing price of $19.18. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  0.25        0.24       0.41      Beat    68
 ​​Sep.        0.05        0.05       0.18      Beat    300
 30 2021                                                
 Jun. 30 2021  -0.13       -0.11      -0.05     Beat    56.1​
 Mar. 31 2021  -0.44       -0.43      -0.52     Missed  -20.3
 Dec. 31 2020  -0.04       -0.03      -0.02     Beat    38.9
 This summary was machine generated February 21 at 02:57 GMT. 
All figures in US dollars  unless otherwise stated