secwatch.observer — SEC 8-K summary
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Issuer:     OUTFRONT Media Inc. (OUT)
CIK:        0001579877
Form:       8-K
Filed at:   2024-11-12T23:59:59+00:00
Accession:  0001579877-24-000088
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1579877/000157987724000088/0001579877-24-000088-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1579877/000157987724000088/out-20241112.htm
  HTML page:      https://secwatch.observer/filing/0001579877-24-000088

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer