OUTFRONT Media Q3 net income $34.6M; declares special dividend $0.75/share

OUTFRONT Media Inc.

2024-Q3 EPS reported $1.06 revenue$1,337,700,000

Q3 revenues $451.9M, net income $34.6M ($0.19 EPS), vs $17.0M last year.
Adjusted OIBDA $117.1M; U.S. Media revenue grew 5% YoY.
AFFO attributable $80.8M up from $75.7M YoY.
Board approves special dividend $0.75/share ($0.30 cash + $0.45 stock), payable Dec 31.
Reverse stock split expected in Jan 2025 to offset dilution from stock dividend.

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