earnings
confidence high
sentiment negative
materiality 0.70
OUTFRONT Media Q3 revenue flat at $454.8M; EPS $0.09 down from $0.23
OUTFRONT Media Inc.
2023-Q3 EPS reported
-$3.02
revenue$1,319,400,000
- Revenue $454.8M, up ~0.2% YoY; organic revenue $454.8M vs $453.1M.
- Net income attributable $17.0M ($0.09 EPS) vs $40.8M ($0.23 EPS) in Q3 2022.
- Adjusted OIBDA $116.9M vs $123.2M; AFFO $75.7M vs $86.5M.
- Dividend declared $0.30/share, payable Dec 29 to holders of record Dec 1.
- Company notes strategic sale of Canadian business to Bell Media for financial flexibility.