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

Outfront Media

03/05/2023 23:22

* OUTFRONT Media Inc  OUT.N  reported a quarterly adjusted
loss
of 19 cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for a loss
of 12 cents per share.
    * Revenue rose 6% to $395.80 million from a year ago;
analysts
expected $383.80 million. 
    * OUTFRONT Media Inc's reported EPS for the quarter was a
loss
of 19 cents​.
    * The mean earnings estimate of analysts had fallen by
about 364.2% in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * OUTFRONT Media Inc shares had risen by 2.0% this
quarter and
lost 0.2% so far this year.
    * The company reported a quarterly loss of $28.9 million.
    * Wall Street's median 12-month price target for OUTFRONT
Media
Inc is $24.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
3 at 10:22 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      0.24           0.28           Beat