OUTFRONT Media Inc.

OUT

US69007J1060

Specialized REITs

Market Closed - Nyse Other stock markets 04:00:01 2024-04-26 pm EDT			5-day change	1st Jan Change
15.73 ^USD	+2.54%		+6.07%	+12.68%

Apr. 26	OUTFRONT Media and StreetMetrics Team Up to Offer Groundbreaking Measurement Providing Effectiveness of Business Advertising Up and Down the Fundel	CI
Feb. 23	Barrington Ups Price Target on OUTFRONT Media to $17 From $16, Maintains Outperform Rating	MT

OUTFRONT Media Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023

February 21, 2024 at 04:06 pm EST

OUTFRONT Media Inc. reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was USD 389.1 million compared to USD 377.5 million a year ago. Revenue was USD 501.2 million compared to USD 494.7 million a year ago.

Net income was USD 60.4 million compared to USD 59.2 million a year ago. Basic earnings per share from continuing operations was USD 0.35 compared to USD 0.35 a year ago. Diluted earnings per share from continuing operations was USD 0.35 compared to USD 0.34 a year ago.

Latest news about OUTFRONT Media Inc.

OUTFRONT Media and StreetMetrics Team Up to Offer Groundbreaking Measurement Providing Effectiveness of Business Advertising Up and Down the Fundel	Apr. 26	CI
Barrington Ups Price Target on OUTFRONT Media to $17 From $16, Maintains Outperform Rating	Feb. 23	MT
Outfront Media's Q4 Earnings, Revenue Rise; Shares Advance Pre-Bell	Feb. 22	MT
Transcript : OUTFRONT Media Inc., Q4 2023 Earnings Call, Feb 21, 2024	Feb. 21
OUTFRONT Media Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 21	CI
Earnings Flash (OUT) OUTFRONT MEDIA Posts Q4 Revenue $501.2M	Feb. 21	MT
OUTFRONT Media Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 21	CI
OUTFRONT Media Inc. Declares Quarterly Cash Dividend, Payable on March 28, 2024	Feb. 21	CI
Morgan Stanley Boosts Price Target on OUTFRONT Mediato $13 From $12, Keeps Equalweight Rating	Dec. 15	MT
OUTFRONT Media Prices $450 Million Notes Offering	Nov. 08	MT
OUTFRONT Media Inc. Announces Pricing of Senior Secured Notes Offering	Nov. 07	CI
Transcript : OUTFRONT Media Inc., Q3 2023 Earnings Call, Nov 02, 2023	Nov. 02
OUTFRONT Media Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 02	CI
Earnings Flash (OUT) OUTFRONT MEDIA Reports Q3 Revenue $454.8M	Nov. 02	MT
OUTFRONT Media Inc. Announces Quarterly Cash Dividend, Payable on December 29, 2023	Nov. 02	CI
National Bank on BCE to Acquire Outfront Media	23-10-23	MT
Outfront Media Shares Rise 5.1% After Selling Canadian Business	23-10-23	DJ
BCE Expands Out-of-Home Ad Business in C$410 Million Acquisition of Outfront Media's Canadian Arm	23-10-23	DJ
NYSE-listed OUTFRONT Media To Divest Its Canadian Business To BCE's Bell Media	23-10-23	MT
Bell Media Inc. agreed to acquire Outdoor Systems Americas ULC from OUTFRONT Media Inc. for CAD 410 million.	23-10-22	CI
Morgan Stanley Adjusts OUTFRONT Media's Price Target to $12 From $15, Keeps Equalweight Rating	23-10-09	MT
JPMorgan Cuts OUTFRONT Media's Price Target to $12 From $14, Keeps Neutral Rating	23-10-05	MT
Transcript : OUTFRONT Media Inc. Presents at Citi?s 2023 Global Technology Conference, Sep-07-2023 10:30 AM	23-09-07
Insider Buy: Outfront Media	23-08-21	MT
Citigroup Lowers Price Target on OUTFRONT Media to $18 From $21, Maintains Buy Rating	23-08-14	MT

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Company Profile

OUTFRONT Media Inc. is a real estate investment trust (REIT). The Company provides advertising space (displays) on out-of-home advertising structures and sites in the United States and Canada. The Company's inventory consists of billboard displays, which are primarily located on the most heavily traveled highways and roadways in top Nielsen Designated Market Areas (DMAs), and transit advertising displays operated under exclusive multi-year contracts with municipalities in large cities across the United States and Canada. The Company's portfolio provides its customers with a range of options, from national, brand-building campaigns to hyper-local campaigns. Its segments include U.S. Billboard and Transit, which is included in its U.S. Media reportable segment, and International. It has displays in approximately 25 markets in the United States and approximately 150 markets across the United States and Canada.

Sector

Specialized REITs

Calendar

2024-04-29 - Q1 2024 Earnings Release (Projected)

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Russell 2000

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Ratings for OUTFRONT Media Inc.

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

15.73 USD

Average target price

16.8 USD

Spread / Average Target

+6.80%

Consensus

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