earnings
confidence high
sentiment negative
materiality 0.70
OUTFRONT Q1 revenue $395.8M (+6% YoY) but net loss widens to $28.9M; dividend $0.30/sh
OUTFRONT Media Inc.
2023-Q1 EPS reported
-$0.19
revenue$395,800,000
- Revenue $395.8M (+6% YoY); organic revenue $392.9M vs $372.4M.
- Operating income $10.2M (down 64% from $28.5M); Adjusted OIBDA $60.2M (down from $70.2M).
- Net loss attributable $28.9M ($0.19 EPS) vs prior year loss $0.1M ($0.04 EPS).
- AFFO attributable $8.8M (down 75% from $35.5M); FFO $17.1M (down from $41.8M).
- Quarterly dividend $0.30/sh declared, payable June 30, 2023 to holders of record June 2, 2023.