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

Outfront Media

04/11/2022 24:09

* OUTFRONT Media Inc  OUT.N  reported quarterly adjusted
earnings
of 23 cents​​ per share for the quarter ended in September. The
mean expectation of four analysts for the quarter was
for earnings of 25 cents per share.
    * Revenue rose 13.7% to $453.70 million from a year ago;
analysts
expected $453.00 million. 
    * OUTFRONT Media Inc's reported EPS for the quarter was 23
cents​.
    * The mean earnings estimate of analysts had fallen by
about 6.8%
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 risen by 14.2% this
quarter and
lost 35.3% so far this year.
    * The company reported quarterly net income of $40.8
million.
    * Wall Street's median 12-month price target for OUTFRONT
Media
Inc is $28.00 
    * 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 Refinitiv data November
4 at 12:09 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.25           0.23           Missed
 Jun. 30 2022      0.24           0.28           Beat
 Mar. 31 2022      -0.08          -0.04          Beat
 Dec. 31 2021      0.24           0.41           Beat