earnings
confidence high
sentiment positive
materiality 0.65
OUTFRONT Media Q2 net income $176.8M ($1.01/sh), revenue $477.3M, dividend $0.30/sh
OUTFRONT Media Inc.
2024-Q2 EPS reported
$0.86
revenue$885,800,000
- Q2 revenue $477.3M vs $468.8M in prior year; organic revenue up 4% in U.S. Media.
- Net income attributable to OUTFRONT of $176.8M ($1.01 EPS) vs loss of $478.9M in Q2 2023.
- Adjusted OIBDA of $126.0M, up from $122.2M; AFFO of $84.8M, up from $78.0M.
- Completed sale of Canadian business in June; now entirely U.S.-focused.
- Quarterly dividend of $0.30/sh declared, payable Sept 27, record Sept 6.