earnings
confidence high
sentiment positive
materiality 0.75
OUTFRONT Media Q3 2022 revenue $453.7M, net income $40.8M; declares $0.30 dividend
OUTFRONT Media Inc.
2022-Q3 EPS reported
$0.49
revenue$1,277,400,000
- Q3 revenue $453.7M, +14% YoY ($399.2M); organic revenue $449.3M.
- Net income $40.8M ($0.23 diluted EPS) vs $33.1M ($0.18) prior year.
- Adjusted OIBDA $123.2M, up from $108.1M YoY; AFFO $86.5M.
- CEO cites revenue growth driven by higher billboard yields and transit recovery.
- Quarterly dividend maintained at $0.30/share, payable Dec 30, record Dec 2.