Outfront Media Inc Reports Results For The Quarter Ended In June: Earnings Summary

Outfront Media

04/08/2023 05:47

* OUTFRONT Media Inc  OUT.N  reported quarterly adjusted
earnings
of 19 cents​​ per share for the quarter ended in June. The mean
expectation of four analysts for the quarter was for earnings of
24 cents per share.
    * Revenue rose 4.1% to $468.80 million from a year ago;
analysts
expected $472.70 million. 
    * OUTFRONT Media Inc's reported EPS for the quarter was a
loss of
$2.92​.
    * The mean earnings estimate of analysts had risen by
about 5.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * OUTFRONT Media Inc shares had fallen by 6.2% this
quarter and
lost 11.0% so far this year.
    * The company reported a quarterly loss of $478.9 million.
    * Wall Street's median 12-month price target for OUTFRONT
Media
Inc is $22.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 4 at 04:47 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.24           0.19           Missed
 Mar. 31 2023      -0.12          -0.19          Missed
 Dec. 31 2022      0.37           0.34           Missed
 Sep. 30 2022      0.25           0.23           Missed