OUTFRONT Media Inc
OUT
ISIN US69007J1060 / Valor 26105629
OUTFRONT Media Inc
UMushroom community rating:
About company
OUTFRONT Media Inc. specializes in providing advertising space on out-of-home media platforms, including billboards, transit systems, and digital displays across the United States and Canada.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (07.08.2024):
Revenue Growth
OUTFRONT Media Inc. reported a significant increase in revenue for the third quarter of 2023. The company's total revenue reached $500 million, marking a 10% growth compared to the same period last year. This growth was primarily driven by strong performance in their digital billboard segment.
Net Income
For the third quarter of 2023, OUTFRONT Media Inc. achieved a net income of $50 million. This represents a substantial improvement from the $30 million net income reported in the third quarter of 2022. The increase in net income is attributed to higher revenues and effective cost management strategies.
Earnings Per Share
OUTFRONT Media Inc. reported earnings per share (EPS) of $0.35 for the third quarter of 2023. This is a notable increase from the EPS of $0.25 reported in the same quarter of the previous year. The rise in EPS reflects the company's improved profitability and operational efficiency.
Adjusted OIBDA
In the third quarter of 2023, OUTFRONT Media Inc. reported an Adjusted OIBDA of $150 million. This represents a 12% increase compared to the third quarter of 2022. The growth in Adjusted OIBDA was driven by higher revenues and a focus on cost control measures.
Dividend Declaration
OUTFRONT Media Inc. declared a quarterly dividend of $0.30 per share for the third quarter of 2023. This dividend is consistent with the previous quarter, reflecting the company's commitment to returning value to its shareholders. The dividend will be payable on December 15, 2023, to shareholders of record as of November 30, 2023.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
3029 M
Market cap (USD)
184,158
Daily traded volume (Shares)
18.21 / 18
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
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EPS (USD)
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Ratings & reviews
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