OUTFRONT Media Q2 revenue beats estimates on gains across all business segments

OUTFRONT Media

05/08/2026 21:37

Overview
U.S. out-of-home advertising firm's Q2 revenue rose 13.5%, beating analyst expectations
Adjusted FFO for Q2 beat estimates, driven by organic gains and FIFA World Cup impact
Company raised quarterly dividend by 10% to $0.33 per share

Outlook
Company did not provide specific financial guidance for the current or future periods

Result Drivers
ORGANIC GAINS - Co said Q2 results were driven by strong organic gains across all business segments
FIFA WORLD CUP - Co said Q2 revenues benefited from advertising related to the FIFA World Cup
DIGITAL PLATFORMS - Co said digital billboard revenues increased due to programmatic and direct sale advertising platforms

Company press release: ID:nPn6ssyrya

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$522.50 mln
$509.61 mln (5 Analysts)
Q2 EPS
 
$0.44
 
Q2 Net Income
 
$77.50 mln
 
Q2 Adjusted FFO
Beat
$120.80 mln
$0.54 (4 Analysts)
Q2 FFO
 
$123.50 mln
 
Q2 Operating Income
 
$116.10 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the specialized reits peer group is "buy"
Wall Street's median 12-month price target for OUTFRONT Media Inc. is $37.00, about 15.7% above its August 4 closing price of $31.98
The stock recently traded at 23 times the next 12-month earnings vs. a P/E of 24 three months ago

Reuters Recommended Reads
Aug 3 - Snap beats revenue estimates on ad boost from World Cup, shares surge
Aug 5 - Digital ad firm Taboola's Q2 revenue rises, but misses estimates
Aug 4 - Pinterest expects slower quarterly revenue growth as ad competition heats up

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)